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Suspicion Cannot Replace Proof in Labour Charges: ITAT Deleted Ad-Hoc Disallowance
Case Law Details
- Case Name
- Hitesh Ugamraj Mehta Vs ACIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2023-24
- Courts
- All ITAT, ITAT Mumbai
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Hitesh Ugamraj Mehta Vs ACIT (ITAT Mumbai)
Ad-Hoc 10% Disallowance Deleted: ITAT Rules Suspicion Cannot Replace Proof in Labour Charges
The appeal before the Tribunal concerned disallowance of labour charges in a jewellery manufacturing and trading business for Assessment Year 2023–24.
The assessee was engaged in manufacturing and trading of gold jewellery and had declared total income of ₹23,13,320. During scrutiny, the Assessing Officer (AO) observed that the gross profit was low and examined various expenses, particularly labour charges amounting to ₹4,92,34,244. Ou...
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