M/S SAURASHTRA ENGINEERING WORKS,,DELHI vs. ITO,, NEW DELHI

Heard and perused the record.

None appeared for the assessee at the time of hearing. Notices have been repeatedly issued. The record shows that earlier on 2.9.2021 and 6.2.2023 learned AR appeared. Further, on 8.5.2023 application for adjournment was received from the assessee himself. Notices have been issued on e-mail ID of the assessee for today. No more opportunity is justified. Arguments of learned DR were heard who supported the findings of learned tax authorities below.

After thoughtful consideration of the record it can be observed that in regard to ground no. 1.a and b, the learned CIT has observed that there was no material before the learned AO or before him to examine the genuineness of transaction of source of addition of capital gain and the nature of bad debts which were written off. It appears that the assessee has been too casual in approach to justify the queries raised by the tax authorities.

Similarly, in regard to ground no. 1.c, learned CIT(A) has taken into consideration to the fact that certain disallowances made on ad hoc basis on account of personal expenses were not justified. With regard to conveyance expenses, telephone expenses and car expenses the assessee failed to establish by 3 ITA 3767/Del/2017 evidence or circumstances regarding the nature of business, that the same were exclusively for the business. There is no apparent reason to interfere in the factual findings of learned CIT(A). Grounds have no substance. Appeal is dismissed.