2014 (12) TMI 638

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . Sudhakar,J.) This Tax Case (Appeal) is filed by the assessee as against the order of the Income Tax Appellate Tribunal raising the following substantial questions of law: " 1. Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in confirming the addition of Rs. 1,00,000/- towards estimated inflation of the labour charges? 2. Whether on the facts .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ls, wherein she incurs labour expenses. The assessee filed her return of income for the assessment year in question declaring her income as Rs. 4,73,836/- and agricultural income at Rs. 5,99,400/-. On a perusal of the records, the Assessing Officer was of the view that the assessee had inflated the labour expenses and hence, added a sum of Rs. 1.00 lakh. The Assessing Officer also found that the a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... missioner of Income Tax (Appeals), who confirmed the findings of the Assessing Officer. Aggrieved by the same, the assessee preferred further appeal before the Income Tax Appellate Tribunal. The Tribunal dismissed the appeal holding that the assessee has not shown any material to controvert the findings of the Assessing Officer. As against the said order of the Tribunal, the assessee is before thi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... enditure claimed. Hence, the Assessing Officer made addition of Rs. 1.00 lakh out of Rs. 17,28,696/- claimed by the assessee. It is seen from the assessment order that the assessee had also accepted the same at the time of assessment. Hence, the Tribunal is correct in confirming the addition made by the Assessing Officer. 6. With regard to the addition made under Section 68 of the Income Tax Act .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ing, the Assessing Officer allowed the claim in part. In respect of the persons who have not shown any material to prove the genuineness of the loan given, the Assessing Officer declined to grant the benefit. Hence, the Tribunal confirmed the order of the Assessing Officer. We find no infirmity in the order of the Tribunal, which is based on facts not rebutted. 7. We hold that the issue raised is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X