Addition set aside as construction expense inadvertently mentioned as commission expense

Badshah Abdul Patel Vs ITO (ITAT Pune)

ITAT Pune held that addition toward unexplained expenditure is liable to be deleted since assessee inadvertently mentioned ‘commission expense’ instead of actual ‘construction expenses. Accordingly, appeal allowed.

Facts- The assessee is a Contractor/Builder with Material contract/Labour. The case of the assessee was selected for Complete Scrutiny. AO observed from the profit and loss account that the assessee has debited Rs.21,28,710/- as commission expenses. However, in response to notice u/s.142(1), the assesse

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