2022 (7) TMI 794

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....e are unjustified, erroneous, illegal and need to be summarily deleted. 2. That the Addition of Rs. 4,49,486/- made by Ld. A.O. on account of disallowance of Job Work Expenses has been wrongly and illegally made and needs to be deleted. 3. That the Addition of Rs. 5,40,529/- made by Ld. A.O. on account of unconfirmed creditors has been wrongly and illegally made and needs to be deleted. 4. That on the facts and in the circumstances of the case, Ld. A.O. erroneously made double additions of Rs. 1,64,611/- i.e. (the Ld. A.O. disallowed the total job charges of Rs. 3,36,022/- of M/s Noble Craft and then again added back (disallowed) Rs. 1,64,611/- which was outstanding credit balance of Noble Craft after deducting th....

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....ng rise to the present appeal are that the assessee filed return of income declaring loss of Rs.18,41,093/- on 30.11.2006. The case of the assessee was selected for scrutiny under CASS and the assessment was framed vide order dated 19.12.2008 u/s 143(3) of the Income Tax Act, 1961 ("the Act"). While framing the assessment, the AO made disallowance of job work on the basis that same was not confirmed by the concerned parties and also made addition in respect of the creditors. Hence, total addition of Rs.9,90,015/- was made, assessing total loss of Rs.8,51,080/-. 5. Aggrieved against this, the assessee preferred appeal before Ld.CIT(A) who after considering the submissions, dismissed the appeal of the assessee. 6. Aggrieved against the ....

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....ons made by the appellant were sent for the remand of the AO. The AO has submitted two remand reports dated 15.09.2011 & 13.05.2014. In both the reports, the AO has submitted that summons were issued to the concerned parties, but the same were not complied with. In report dated 15.09.2011, the AO has further reported that the AR of the assessee was also unable to produce the parties in person. Even if the contentions of the AR regarding the paper work are concerned, the paper work in this case is though complete from the assessee's point of view, however, the physical verification could not be done as none of the parties responded. Therefore, considering the facts and circumstances of the case, I do not find any reason to inter....