2018 (12) TMI 1898

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....as been filed by the assessee against the order of the ld. CIT(A), Allahabad dated 13/3/2018 for the assessment year 2012-13, taking the following grounds:- 1. That in any view of the matter assessment made on income of Rs. 57,20,084/- by order dated 30.03.2015 passed u/s 143(3) is bad both on the facts and in law.  2. That in any view of the matter disallowance of Rs. 15,07,457/- as sust....

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....iled return disclosing the income of Rs. 21,36,670/-. The assessment was completed at an income of Rs. 57,20,084/-. The Assessing Officer made various disallowances of expenses on ad-hoc basis, at a uniform rate of 30% of the claim. 3. The ld. CIT(A), by virtue of the impugned order, has restricted the disallowance to 10%. Aggrieved, the assessee is in appeal. 4. Heard. At the outset, ld. A.R. o....