Disallowance of marketing and survey expenses unsustainable as identity of party is proved

Rajasthan Patrika Private Limited Vs ACIT(ITAT Jaipur) ITAT Jaipur held that disallowance of marketing and survey expenditure merely because of non-production of the concerned party whose identity is proved is unsustainable in law. Facts- AO vide order u/s. 143(3) assessed total income at Rs. 2,14,20,940/- by making additions on account of various disallowances including disallowance of Rs. 60,01,635/- on account of Marketing and Survey Expenses out of total expenditure. In the original assessment proceeding, AO asked the assessee to produce personally certain parties along with their books of...