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Issues involved: Appeal against the order of the Ld. Commissioner of Income Tax (Appeals)-I, Dehradun u/s 250 of the Act for the AY 2009-10.
The appeal was filed by the assessee against the order of the Ld. Commissioner of Income Tax (Appeals)-I, Dehradun passed u/s 250 of the Act for the AY 2009-10. The assessee, an Individual conducting business as M/s Hindustan Asbestos & Ferro Alloys, appealed on the grounds of disallowance of commission payments and addition to total income. The Assessing Officer had determined the total income at Rs. 8,49,215/-, making various additions. The First Appellate Authority provided partial relief to the assessee. Disallowance of Commission Payments: The assessee claimed expenditure on commission payments amounting to Rs. 59,18,600/- to different persons for selling ferro alloys to BHEL, Hardwar. The Assessing Officer disallowed Rs. 2,48,582/- of the claimed amount due to failure in proving the genuineness of the expenditure. The Revenue authorities were liberal in allowing a significant deduction for commission payments. The Ld. Commissioner of Income Tax (Appeals) upheld the disallowance. The assessee's argument against the disallowance was considered a generalization, and the Tribunal found no reason to interfere with the Commissioner's decision, ultimately dismissing this ground. Addition to Total Income: The Assessing Officer made a nominal addition of Rs. 20,000/- to the total income as the assessee had shown withdrawals of only Rs. 56,000/-. The Tribunal questioned the basis of such token additions and, after evaluating the facts and circumstances of the case, concluded that the lower authorities' decision did not warrant any intervention. Consequently, this ground of the assessee was also dismissed. In conclusion, the Tribunal upheld the decisions of the lower authorities and dismissed the appeal of the assessee. The order was pronounced in the Open Court on 28th June 2013.
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