2010 (6) TMI 385

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..... service rendered - appellant has made out a prima facie case for waiver of pre-deposit - ST/886/2009 - 516/2010 - Dated:- 14-6-2010 - S/Shri M.V. Ravindran, P. Karthikeyan, JJ. REPRESENTED BY : Shri S. Krishnamurthy, Advocate, for the Appellant. Shri M.M. Ravi Rajendran, DR, for the Respondent. [Order per : M.V. Ravindran, Member (J)]. This stay petition is filed for w .....

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..... e admitted as per survey proceedings . He submits that the said income was admitted on the ground that certain expenditure recorded in the Profit Loss Account and Balance Sheet was not supported by any vouchers. He submits that the Revenue has not adduced any evidence to show that this amount is received for the services rendered by them. He submits that the entire proceedings have been initiate .....

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..... ention to the assessment order of the Income Tax authorities. On perusal of the assessment order, we find that the taxable income as admitted by the appellant has been enhanced by including capital expenditure disallowed and depreciation claimed on actual expenditure. We find strong force on the contentions raised by the learned Counsel that the Revenue authorities have not adduced any evidence to .....

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