Case Law Details
M/s Maheshwari Flour Mills Vs. JCIT (ITAT Lucknow)
Business of the assessee is trading in food grains and producing Maida which is supplied to various biscuit manufacturers. It is common in factory set up that certain repairs and maintenance work are conducted for which vouching is not always possible. These expenses relate to the fundamentals of the assessee’s business and just because they were not vouched, there cannot be any addition. The practical aspects involved in relation to the type of business of the assessee, who is also a tax payer, should be taken into consideration by the Department and taking these facts in totality, we are of the considered view that such ad hoc addition without any basis cannot be sustained and hence liable to be deleted.
FULL TEXT OF THE ITAT ORDER IS AS FOLLOWS:-
This appeal preferred by the assessee emanates from the order of the ld. CIT(A), Bareilly dated 2/11/2015 on the following ground of appeal:-
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