9911796707
TMI Blog2021 (9) TMI 351X X X X Extracts X X X X X X X X Extracts X X X X ..... CIT(A) and it justified. Thus, the ground No. 1 raised by the assessee is dismissed. Addition made on account of Sundry Creditors - addition made as no evidence supporting the claim of assessee give - HELD THAT:- AO having confirmed the details of other parties in the books of account only sought information regarding the two parties. The assessee, however, failed to give the details as sought by the AO in the assessment proceedings and no evidences even filed before the CIT(A) in First Appellate proceedings and as rightly contended by the ld. DR no evidence before this Tribunal supporting the claim of assessee in respect of the addition made on sundry creditors. Therefore, we agree with the finding of CIT(A) - Decided against assesse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... showing agricultural operation such as purchase of inputs, details of agricultural land held by the assessee and other expenses incurred in connection with agricultural activity vide Para No. 3.3 of the assessment order. We note that, it was contended by the assessee the agricultural income and the crops grown on the agricultural land as per the land area were recorded in the books of account. The agricultural produce sold to the market and the receipts or bills for the said purchase issued by the market according to their convenience. Considering the AO held that the assessee has nothing more evidence except that mere stating that the assessee earned income from agricultural operation. Accordingly, an amount of ₹ 6,66,065/- was adde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anating from the record that no evidences in support of claim were furnished in all the authorities including this Tribunal, therefore, we find no infirmity in the order of CIT(A) and it justified. Thus, the ground No. 1 raised by the assessee is dismissed. 6. Ground No. 2 raised by the assessee challenging the action of CIT(A) in confirming the addition made on account of Sundry Creditors in the facts and circumstances of the case. 7. During the course of assessment proceedings, the AO found that the assessee could not obtain any confirmation in respect of trade creditors relating to the two parties M/s. Sunil Trading and M/s. Sunil Plumbing Material to an extent of ₹ 5,38,902/- and ₹ 4,96,588/-, respectively. The AO was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... information regarding the two parties. The assessee, however, failed to give the details as sought by the AO in the assessment proceedings and no evidences even filed before the CIT(A) in First Appellate proceedings and as rightly contended by the ld. DR no evidence before this Tribunal supporting the claim of assessee in respect of the addition made on sundry creditors. Therefore, we agree with the finding of CIT(A) in Para No. 6.3 and the reasons recorded by the CIT(A) are justified confirming the addition made by the AO. Thus, the ground No. 2 raised by the assessee fails and it is dismissed. 9. In the result, the appeal of assessee is dismissed. Order pronounced in the open court on 01st September, 2021. - - TaxTMI - TMITax - ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
