2022 (4) TMI 1174

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... PER MAHAVIR SINGH, VP: This appeal by assessee is arising out of the order of the learned Commissioner of Income Tax (Appeals)-14, Chennai in ITA No.166/16-17 dated 14.08.2019. The assessment was framed by the ACIT, Non-Corporate Circle 14(1), Chennai for the assessment year 2014-15 u/s.143(3) of the Income Tax Act, 1961 (hereinafter 'the Act') vide order dated 29.11.2016. 2. The first issue in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ngly, the AO added the difference. Aggrieved, assessee preferred appeal before CIT(A). Before CIT(A), the assessee filed further reconciliation stating that the assessee company had accounted VAT credit disallowed for AY 2012-13 of Rs. 1,37,130/- and for AY 2013-14 of Rs. 1,35,858/-. These two VAT credits have been debited by the assessee to the purchase account. Similarly, the assessee company ha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ular addition of Rs. 2,19,909/- to the file of the AO. The ld. Senior DR opposed for setting aside. 5. After hearing rival contentions and going through the fact that the assessee could reconcile the purchases shown in the profit & loss account out of the difference of Rs. 11,88,970/- to the extent of Rs. 4,89,478/- before the AO and further a sum of Rs. 4,79,583/- before CIT(A). The balance diff....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gards to the order of CIT(A) confirming the disallowance of job work charges for non-deduction of TDS by the AO amounting to Rs. 92,104/- by invoking the provisions of section 40(a)(ia) of the Act. 6.1 We have heard rival contentions and gone thorugh the facts and circumstances of the case. We noted that now the ld.counsel for the assessee made only submission that the second proviso to section 4....