Diasallowance of entire expense for non-submission of evidence is unreasonable

Anil Govindrao Hotwar Vs ITO (ITAT Pune) The issue in the present appeal relates to the allowance of expenditure claimed against the income of JCB hire charges offered under the head “income from other sources”. It cannot be said that the hire charges from JCB can be earned without incurring any expenditure on salaries and fuel expenses etc. No doubt, the appellant had not adduced any evidence in support of incurring of such expenditure, but merely because, the appellant was not able to produce the evidence, it does not lead to conclusion that the appellant had not incurred any expenditure...