Unexplained Labor Credits sustained additions as Evidence of Labor & Material Payments not produced

R.S. Pabbla Constructions Pvt Ltd Vs DCIT (ITAT Visakhapatnam) ITAT Visakhapatnam held that addition towards unexplained labour credits sustained as assessee failed to discharge the onus casted on it and failed to produce material evidence with respect to labour payments and material payments. Facts- The assessee is engaged in the business of executing contract work relating to construction of chimneys, overhead reservoirs, cooling towers, buildings and high rise structures of various plants across the country. The case was selected for scrutiny. During the pendency of scrutiny proceedings, a ...