2012 (9) TMI 586

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..... ribution towards Employees Pension Scheme and Provident Fund etc. was being paid by it and when M/s K.S.M. Exports Ltd. was not carrying on any business of its own, then the only conclusion is that its workers were carrying on job work for and on behalf of the assessee. Thus no infirmity in the assessee's claim of having paid job work charges to M/s K.S.M. Exports Ltd. and the addition made by dis .....

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..... in the premises of M/s KSM Exports Ltd., no stock whatsoever, no books of accounts and no papers relating to any business carried out by M/s KSM Exports Ltd. were found and the stocks and machines which were found in the premises belonged to M/s Kanpur Plastipack Ltd. (assessee). Moreover, during the course of survey proceedings, in the factory premises of the assessee company, no any manufacturi .....

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..... .S.M. Exports Ltd. When M/s K.S.M. Exports Ltd. was not carrying on any business of its own, then the only conclusion is that its workers were carrying on job work for and on behalf of the assessee. In nutshell, we do not find any infirmity in the assessee's claim of having paid job work charges to M/s K.S.M. Exports Ltd. and therefore, direct the deletion of addition made by disallowing the asses .....

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