Held that the assessee failed to discharge the onus of substantial huge expense of purchases, job-work payment, petrol and transport expenses compared to preceding year. Disallowance is affirmed. (AY.2018-19)
Aerotech Enterprise v. ITO (2024) 115 ITR 78 (SN)/ 168 taxmann.com 557 (Ahd)(Trib)
S. 37(1) : Business expenditure-Huge expenses of purchases, job-work payment, petrol and transport expenses Compared to preceding year-Failure to discharge the onus-Addition is affirmed.