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2015 (5) TMI 39
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....RDER PER R.S. SYAL, AM: This appeal by the assessee is directed against the order passed by the CIT(A) on 11.03.2012 in relation to the assessment year 2007-08. 2. The only issue raised in this appeal is against the upholding of disallowance made by the AO amounting to Rs. 55,47,237/- in respect of salary expenses incurred in the earlier year, but claimed as deduction, by holding that the....
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.... The assessee claimed before the ld. CIT(A) that the payment of tax was made, but, the challan was not traceable. The assessee also submitted that due to change in accountants, the challan evidencing the payment was misplaced. The assessee posted a query on the OLTAS Systems and obtained a confirmation of the said payment, a copy of which was placed before the ld. CIT(A) as Annexure-C. The assesse....
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....at the TDS challan was lost because of change in accountants. However, the assessee obtained confirmation from OLTAS, a copy of which is placed on page 12 of the paper book, which transpires that tax at source to the tune of Rs. 18,50,514/- was received on 15.06.2006. Page No.17 of the paper book is a copy of the assessee's bank account which also evidences a payment of Rs. 18,50,514/- on 13th Jun....