2012 (5) TMI 740

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..... by the Commissioner of Income-tax (Appeals) on 18.01.2011, in relation to the assessment year 2005-2006. 2. There is a delay of three days in presenting the appeal before the Tribunal. An affidavit of the assessee has been filed in support of the reasons for the delay. We are satisfied with the genuineness of the cause in presenting the appeal belatedly. Accordingly the delay is condoned and t .....

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..... ; 7,104 declared by the assessee. The ld. CIT(A) echoed the assessment order on this point. 4. After considering the rival submissions and perusing the relevant material on record it is observed as an admitted fact that the Pune flats in question were held by the assessee and were not let out. Income in respect of these flats were offered u/s 23(4)(b). In such a case the question arises as to w .....

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..... 5. Ground no.3 is against confirmation of disallowance of ₹ 22,867 at the rate of 20% of car expenses, telephone expenses and depreciation on car. Since the assessee did not maintain log book for usage of car or any call register for telephone, the Assessing Officer made disallowance at 20% of such car expenses, telephone expenses and depreciation on car by invoking the provisions of sec .....

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