2021 (2) TMI 786

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....Kamble, Member (J) This appeal is filed by the assessee against the order dated 31/03/2015 passed by CIT(A)- Delhi-36 for Assessment Year 2012-13. 2. The grounds of appeal are as under:- "1. That the learned Commissioner of Income Tax (Appeals) has erred both in law and on facts in upholding an addition made of Rs. 1,09,46,3757/- on account of unsecured loans and held to be alleged ....

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....nce filed by the appellant during the course of appellate proceedings had nothing to do with return of income filed by the appellant and, the remand report of the AO is vehemently clear that last minute ledger entries have been made to justify claims" is factually I incorrect, legally misconceived and wholly untenable. 1.5 That even the conclusion that "Argument taken up by the appellant ....

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....sallowance of sum of Rs. 7,38,112/- under the head 'other current liabilities' by invoking section 43B of the Act. 3.1 That the condition that since "all the payments have been made by the assessee after filing date of ITR for the AY 2012-13 i.e. 30.9.2012 and liable to be disallowed as per section 43B of the Act" is factually incorrect, legally misconceived and wholly untenable. ....

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....ntenance. iii. Addition of Rs. 22,423/- on account of different expenses. iv. Addition of Rs. 61,353/- on account of expenses of disallowable nature, v. Addition of Rs. 1,09,46,375/- on account of Unsecured loans, vi. Addition of Rs. 7,38,112/- on account of liabilities payable. vii. Addition of Rs. 30,000/- on account of commission income. vii....