2021 (12) TMI 540

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....Pradeep Kumar Meel, CIT- DR ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER:- This appeal by the assessee is preferred against the order of the Commissioner of Income Tax [Appeals] - 16, New Delhi dated 30.10.2017 pertaining to assessment year 2013-14. 2. The substantive grievances of the assessee read as under: 1. That on the facts and in the circumstances of the case and the lega....

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....acking expenses and loading and unloading, cartage outward, general expenses and staff welfare expenses. 4. During the course of scrutiny assessment proceedings, the Assessing Officer noticed that the assessee has debited and claimed packing expenses of Rs. 1,26,74,322/- in the profit and loss account. The assessee was asked to explain the nature of such expenses and to explain as to why the ca....

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....outward, general expenses, staff welfare, business promotion and printing and stationery totaling to Rs. 2,18,19,181/-. 8. The assessee was asked to explain the expenses in light of provisions of section 194C of the Act. 9. In its reply, the assessee stated that these expenses have been paid to petty labourers on which no TDS is liable to be deducted u/s 194C of the Act. 10. The explanati....

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....espect of other expenses is concerned, the ld. CIT(A) restricted the disallowance to Rs. 2 lakhs and 1/10 disallowance out of telephone and conveyance is concerned, the same was confirmed by the ld. CIT(A). 13. Before us, the learned counsel for the assessee vehemently stated that the assessee is maintaining regular books of accounts which were subject to audit and no adverse inference has been....