2019 (11) TMI 1295

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....y: Shri Satyapal K. Sadhwani, A.R. ORDER PER : AMARJIT SINGH, ACCOUNTANT MEMBER:- This assessee's appeal for A.Y. 2014-15, arises from order of the CIT(A), Gandhinagar, Ahmedabad dated 26-02-2018, in proceedings under section 143(3) of the Income Tax Act, 1961; in short "the Act". 2. The assessee has raised following grounds of appeal:- "1. The learned CIT (A) is unjustified &....

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....led on 29th Nov, 2014. The case was selected under scrutiny assessment. The assessment u/s. 143(3) of the act was completed on 22nd December, 2016. The remaining facts of the case are discussed while adjudicating the aforesaid two grounds of appeal as under:- Ground No. 1 (Addition on account of Vat refund income not shown in return of income) 4. During the course of assessment, the assessin....

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....ed to the total income of the assessee as the amount of concealed Vat income. 5. The assessee has preferred appeal before the ld. CIT(A). The ld. CIT(A) has dismissed the appeal of the assessee. 6. We have heard the rival contentions on this issue. With the assistance of ld. representatives, we have gone through the material on record and it is noticed that assessee company has credited the ....

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....ly, the assessing officer has made disallowance out of the various expenses as under:- Expenses Claimed Proposed Disallowance Labour Charge Rs. 36,12,932/- Rs. 1,00,000/- Machinery repair and Maintenance Rs. 10,94,508/- Rs. 1,00,000/- Foreign Travelling Rs. 1,42,000/- Rs. 50,000/- Outward Freight Total exp. Rs. 8,66,66,982/-, out Rs. 3,84,954/ - @ 10% ....