2015 (8) TMI 122

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.... Rs. 3,75,293/- and unabsorbed depreciation claimed of Rs. 6,77,240/- is unjust, unwarranted and not tenable on facts and in law. 2. That the authorities below ought to have taken the income from business or profession at Rs. 11,72,363/- as per revised return and not Rs. 13,10,582/- taken in the assessment order. 3. That the sustaining of adhoc disallowance of telephone expenses of Rs. 24,334/- @20% of claim is arbitrary, unjust and at any rate very excessive compared to previous years more particularly FBT had been paid on such expenses in the relevant year. 4. That the sustaining of adhoc disallowance of vehicle maintenance of Rs. 1,18,400/- @20% of claim is arbitrary, unjust and at any rate very excessive compared to previous ye....

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.....T. Act. The AO has also made part disallowance out of vehicle expenses of Rs. 1,18,400/- and out of telephone expenses of Rs. 24,334/-, which were added to the total income and also disallowed the claim of brought forwarded losses and completed the assessment u/s. 143(3) of the I.T. Act, 1961 vide order dated 29.11.2011. 4. Aggrieved with the aforesaid assessment order dated 29.11.2011, assessee appealed before the Ld. CIT(A), who vide impugned order 30.3.2013 has partly allowed the appeal of the assessee. 5. Against the aforesaid order of the ld. CIT(A), assessee is in appeal before the Tribunal. 6. Ld. Authorised Representative for the Assessee, Smt. Lalita Krishnamurty, CA stated that AO has made the disallowance in dispute con....

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....ing the interest charged u/s. 234B & 234D are consequential. 7. On the contrary, Ld. Departmental Representative relied upon the order of the Ld. First Appellate Authority. 8. We have heard both the counsel and perused the records available on record, especially the orders of the revenue authorities and we are of the view that the assessee has filed a Paper Book containing pages 1 to 33 in which the assessee has enclosed various documentary evidence supporting its claim. We have gone through the Written Submissions filed by the assessee and we are of the view that assessee has elaborately disclosed in the Application u/s. 154 of the I.T. Act to the AO regarding income assessed by the AO as well as the income declared by the assessee. ....