2022 (7) TMI 478

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....s by the assessee are directed against the order dated 27.02.2018, passed by the Ld. Commissioner of Income Tax (Appeals)-2, Jalandhar (Camp office at Srinagar), pertaining to the Assessment Years 2012-13 & 2013-14. Both the appeals were taken up together and are being disposed by way of consolidated order for the sake of convenience and brevity. First I take up ITA No. 277/Asr/2018. 2. Only one....

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.... an appeal against the order of the worthy CIT(A), Jammu dated 27-02-2018 for Asstt. Year 2012-13 THE FACTS OF THE CASE: The appellant assessee is a running a business of electric motors & allied items. For Asstt. Year 2012-13, the Ld. ITO completed the assessment under section 143(3) of IT Act. An addition of Rs. 2,76,388/- was made by him to the returned income of Rs. 9,38,373/- & partly uph....

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....is contesting through this appeal. Your honor, the whole mantra behind this addition is non-furnishing of vouchers/Supporting documents by the assessee. During the appellate proceedings, the appellant assessee specifically brought to the notice of Ld. CIT(A) all vouchers have been furnished and are available on record & requested him to peruse the assessment record to verify the same. This is ....

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.... has not pointed any deficiency of vouchers or part of any expenditure attributable to personal benefit. In support of my argument, reliance is placed on: a) Pearl Farben Chem(P) Ltd(ITA No. 1122/Mum/2010) b) DCIT v M/s. EPCOT Securities (P) Ltd.(ITA No. 395/Mum/2009) In the premises, it is prayed that The Hon'ble Tribunal may be pleased to direct that the addition of Rs. 50,000/- to....