Labour & Hamali Charges Need Not Have Third-Party Bills: ITAT Bangalore

Carreg Commodities Pvt. Ltd Vs ITO (ITAT Bangalore) Self-Made Vouchers Still Valid – Practical Business Reality Recognised – ITAT Deletes Disallowance of Labour & Farm Expenses; No Third-Party Bills Needed for Coolie Expenses – Tribunal Accepts Remand Report Assessee, engaged in trading agricultural produce, filed its return for AY 2017-18 declaring income of ₹18.24 lakh. AO completed best judgment assessment u/s 144 on 23.12.2019 & disallowed coolie & labour charges of ₹34.60 lakh & farm expenses of ₹3.81 lakh on the ground that they were not supported by thir...