2019 (7) TMI 310

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..... asked to appear before the AO, did not participate in the assessment proceedings. All that was available before the AO were the statement of bank accounts and some sketchy details from which no proper assessment could be made. However, the ITAT took a reasonable view of the matter and reduced the disallowance from 25% to 12.5%. The Court is unable to find any substantial question of law arising .....

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..... assessment year 2008-09. By the order dated 14th August 2018, this Court confined the notice in the appeal only to the quantum of addition made by disallowance of the expenditure to the extent of 12.5% (wrongly noted as 25% in the order) and to the addition of ₹ 4,73,047/- being 8.12% of ₹ 58,25,710/- on which TDS was deducted. 2. The Court notes from the findings of the impug .....

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