Classic Marble Co. Pvt. Ltd. v. DCIT
Parties Involved
Facts Summary
The assessee, Classic Marble Co. Pvt. Ltd., is engaged in the business of import and manufacture of marble and granite products. The Revenue filed appeals challenging the orders passed by the Commissioner of Income Tax (Appeals) that deleted additions made by the Assessing Officer (AO) regarding disallowance of labour charges and unaccounted cash sales. The AO had disallowed the labour charges paid to three labour contractors on the basis of surrounding circumstances and deficiencies noticed during the search and survey operations. The assessee submitted various documents and evidence to prove the genuineness of the labour charges and the Commissioner of Income Tax (Appeals) deleted the additions. The Revenue also made an addition of unaccounted cash sales based on statements and WhatsApp messages, which the assessee refuted. The Commissioner of Income Tax (Appeals) deleted the addition of unaccounted cash sales after considering the submissions and evidence provided by the assessee.…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Disallowance of labour charges
- 2. Addition of unaccounted cash sales
Judgment Outcome
Decided in favour of Partly Assessee / Partly Revenue.
Precedents Relied Upon
1 precedent cited in this judgement.
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