2014 (12) TMI 638

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....ncome Tax JUDGMENT (Delivered by R. Sudhakar,J.) This Tax Case (Appeal) is filed by the assessee as against the order of the Income Tax Appellate Tribunal raising the following substantial questions of law: " 1. Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in confirming the addition of Rs. 1,00,000/- towards estimated inflation of t....

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.... the business of contracts for purchase of materials, wherein she incurs labour expenses. The assessee filed her return of income for the assessment year in question declaring her income as Rs. 4,73,836/- and agricultural income at Rs. 5,99,400/-. On a perusal of the records, the Assessing Officer was of the view that the assessee had inflated the labour expenses and hence, added a sum of Rs. 1.00....

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....ficer, the assessee filed an appeal before the Commissioner of Income Tax (Appeals), who confirmed the findings of the Assessing Officer. Aggrieved by the same, the assessee preferred further appeal before the Income Tax Appellate Tribunal. The Tribunal dismissed the appeal holding that the assessee has not shown any material to controvert the findings of the Assessing Officer. As against the said....

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....roduced any vouchers to prove the genuineness of the expenditure claimed. Hence, the Assessing Officer made addition of Rs. 1.00 lakh out of Rs. 17,28,696/- claimed by the assessee. It is seen from the assessment order that the assessee had also accepted the same at the time of assessment. Hence, the Tribunal is correct in confirming the addition made by the Assessing Officer. 6. With regard to....