2018 (3) TMI 1898

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and 10% on transport charges - CIT(A) granted partial relief to the assessee based on estimate basis - HELD THAT:- The entire addition made by the Ld.AO and the amount sustained by the Ld.CIT(A) is only on estimate basis. However considering the prayer of the Ld.AR that the assessee had genuinely incurred the expenditure claimed by him, we further grant relief of ₹ 6,79,060/- to the assessee .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... partial relief to the assessee as follows: Sl. No. Nature of expenses Amount claimed by the assessee (in Rs.) Amount disallowed by Ld.AO (in Rs.) Amount disallowed by Ld.CIT(A) (in Rs.) 1 Business promotion Expense 6, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 60,566 8 Transport charges 2,93,46,961 29,34,695 29,34,695 Total 3,09,12,157 32,23,474 31,79,016 3. The brief facts of the case are that the assessee is an individual and proprietor of M/s. Arun Ste .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... urther the Ld.AO observed that the assessee have claimed the entire petrol expense for his car and no allowance was estimated for personal use. Therefore the Ld.AO disallowed 20% of business promotion expenses, 15% of car maintenance expenses, 20% on weighing and unloading charges and 10% on transport charges. On appeal the Ld.CIT(A) granted partial relief to the assessee based on estimate basis. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X