2014 (3) TMI 1062

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....r dated 31.12.2010. 2. The only issue in this appeal of assessee is against the order of CIT(A) confirming the action of AO rejecting the book results and applying gross profit rate and also made disallowance of business expenditure. For this, assessee has raised following three grounds: "1(a). That the Ld. CIT(A) erred in dismissing the assessee's appeal summarily in contravention of the provision of Section 250(6) of the Income Tax Act, 1961. (b) That the Ld. CIT(A) erred in not considering each ground of the assessee's appeal and deciding it on merit. 2. That, since a written submission explaining the various grounds taken by the assessee was filed before him at the time of hearing of appeal, the Ld. CIT(A) erred in ....

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....ges and slurry removable charges by invoking the provisions of section 40(a)(ia) of the Act for nondeduction of TDS. Apart from the above, the AO also disallowed supervision charges, labour charges, site expenses and load testing expenses. Aggrieved against the estimation of net profit and disallowance on account of various expenses, as noted above, assessee preferred appeal before CIT(A), who confirmed the addition by dismissing the appeal of assessee. 4. At the outset, Ld. counsel for the assessee before us stated that he has no grievance as regards to estimation of net profit @ 8% but he is aggrieved only by disallowances of other expenses, which are directly related to receipts of contract that means business expenses. According to L....