M/S AMBAJEE JEWELLERS JABALPUR,JABALPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX JABALPUR-1,, JABALPUR

In the result, appeal of the assessee is partly allowed

Bench: Shri Kul Bharatshri Nikhil Choudhary

demonetization period. Subsequently, the assessment was completed on an assessed income of Rs.2,66,90,289/- after making an addition of Rs.2,12,82,278/- on account of allegedly bogus sales u/s. 68 of the Act. The learned PCIT called for the records of the case and observed from the same, that during the course of scrutiny proceedings, the assessee

ALKA JAIN,SEONI vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE, CHHINDWARA

In the result, the appeal filed by the assessee is partly allowed

disallowing the Compensation to Employees and Tanker Running Expenditure ignoring the documentary evidences including Ledger Accounts, Bills etc. produced on record. 3The Ld. CIT(A) erred in facts in alleging that the assessee could not submit documents and evidences to substantiate its claim of tanker running and vehicle expenses on the contrary the assessee furnished Bills, Ledger Accounts Details among