2018 (8) TMI 912

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.... 30, 2017 for the assessment year 2014-15 wherein the following grounds of appeal are taken by the assessee. "1. That the learned Commissioner of Income-tax (Appeals)-2, Agra has erred both in law and on facts in upholding an ad hoc disallowance of Rs. 3,50,000 arbitrarily made by the Assessing Officer solely on the estimated basis, out of telephone expenses, deepawali expenses, rent, miscellaneous expenses and travelling expenses, by complete disregard to the material/evidence produced in support thereof and by making various uncalled for and unjust observations, solely based upon her wrong drawn unilateral inference contrary to the facts of the assessee's case, which in view of the facts of the case deserves to be deleted. ....

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.... of Rs. 3,50,000 observing that the assessee has not maintained proper supporting vouchers for various expenses and that the Assessing Officer disallowed the estimated expenses which were not supported by proper bills and vouchers and some of them were not incurred wholly and exclusively for the purposes of business. 4. The learned authorised representative for the assessee contended that all the expenses were incurred wholly and exclusively for the purpose of business carried on by the appellant firm, looking into the legitimate needs of the business, business exigencies, commercial expediency and past established history and, therefore, estimated ad hoc disallowance of Rs. 3,50,000 out of miscellaneous expenses such as telephone, deepa....