2011 (12) TMI 73

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..... g 20% of vehicle expenses and depreciation of Rs.68,931/-. - Held that:- The ld. CIT (A) has reduced the disallowance to 10% of the total expenses. We, however, feel that this addition to be restricted to 5% of the total expenses. This ground is partly allowed.
O R D E R Per D. K. Tyagi, Judicial Member. This is an appeal filed by the Assessee against the order of ld. CIT (A) dated 7.10.2008. .....

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..... uld be submitted by the assessee. The ld. CIT (A), therefore, confirmed the action of the AO. Further aggrieved, now the assessee is in appeal before us. 3. Heard both the parties and perused the record. We deem it proper to give one more opportunity to the assessee to substantiate his claim of credit of Rs.13,77,000/- from Shri Madanlal J. Panjabi and for this purpose the matter is restored back .....

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