9911796707
TMI Blog2018 (12) TMI 1898X X X X Extracts X X X X X X X X Extracts X X X X ..... law that where the taxing authorities do not point out any defect in the claim of the assessee, nor are the books of account maintained by the assessee rejected, no such ad-hoc disallowance at a whimsical figure can be made and the claim of the assessee requires to be accepted as such. See ALLIED CONSTRUCTION. [ 2005 (10) TMI 227 - ITAT DELHI] and SUBHASH CHAND AGRAWAL [ 2013 (11) TMI 471 - ITAT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of ₹ 15,07,457/- as sustained by learned CIT(A) by restricting the disallowance to 10% as against 30% as disallowed by Assessing Officer is highly unjustified. 3. That in any view of the matter the learned CIT(A) was wrong in restricting the disallowance to 10% without pointing out any defects in books of accounts, each and every bill and voucher produced during assessment proceeding, p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in appeal. 4. Heard. At the outset, ld. A.R. of the assessee has contended that the Assessing Officer had made the disallowances of the expenses claimed, merely on ad-hoc basis, without pointing out any defect in the books of the assessee; that the ld. CIT(A) ought to have deleted the disallowances in toto rather than restricting them to 10%, again on adhoc basis, without any defect having be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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