2018 (12) TMI 1251
X X X X Extracts X X X X
X X X X Extracts X X X X
....iled by Assessee against the order of CIT(A)-5, Pune dated 27-07-2017 for the Assessment Year 2006-07. 2. Grounds raised by the Assessee are extracted below : "1. The Ld.CIT(A) erred in confirming the addition of Rs. 5,72,431/- made by ITO, Ward-4(5) while passing the order. 2. The Ld. AO had wrongly added Rs. 5,72,341/- i.e. 20% of total cash expenses of Rs. 28,62,154/- on me....
X X X X Extracts X X X X
X X X X Extracts X X X X
....for building construction work and also providing transport services. Assessee also derives income from other sources. During the impugned assessment year, assessee filed the return of income on 31-10-2006 declaring total income of Rs. 2,36,480/-. AO noticed that assessee has shown receipts from works and Transport amounting to Rs. 42,41,980/- and expenses amounting to Rs. 39,12,154/-. AO also not....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... of the order of CIT(A) are relevant. Coming to the addition of Rs. 20% of the cash payments, the CIT(A) sustained the addition of Rs. 5,72,431/-. Eventually, the appeal of the assessee was partly allowed. 5. Aggrieved with the confirmation of addition of 20% on cash payments made by the CIT(A), the assessee is in appeal before the Tribunal with the grounds extracted above. 6. Before me, at ....
TaxTMI