2017 (10) TMI 1352 - HC - Income Tax

Addition on account of household expenses - Held that - We notice that the Tribunal s findings are essentially based on appreciation of evidence. Even otherwise, the amount involved is not very large. Interalia on such grounds, this Tax Appeal is dismissed.

Summary

The Gujarat High Court dismissed the Tax Appeal by the Revenue against the Income Tax Appellate Tribunal's judgment. The appeal questioned the deletion of Rs. 5,02,918 on account of household expenses. The Tribunal's decision was upheld based on evidence appreciation and the relatively small amount involved.