Assessee, a civil work contractor, had undertaken civil contract for widening and strengthening of existing road, repairing widening of road side shoulders etc. . He claimed to have spent certain amount on purchase of marble for construction of office of Highway Authority . Assessing Officer disallowed expenses claimed for purchase of marble\u00a0 . On appeal the Tribunal held that\u00a0 \u00a0parties in whose names cheques were alleged to be issued had deposed on oath that they had neither encashed cheques nor received amount from assessee . \u00a0Furthermore, no document was found on record, which showed that contract of construction of such office was also given to assessee .\u00a0 Tribunal held that since expenses were not connected to work undertaken by assessee, expenses incurred were bogus expenses . On appeal the High Court\u00a0 affirmed the order of Tribunal .No substantial question of law . (AY. 2010 -11)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 37(1) : Business expenditure \u2013 Civil contractor \u2013 Widening and strengthening of existing road \u2013 Purchase of marble for construction of High way Authority \u2013 Parties whose name cheques were alleged to be issued had deposed on oath that they had neither encashed cheque nor received amount \u2013 Order of Tribunal affirming the disallowance is affirmed .[ S.260A ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-50127","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-d2v","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=50127"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50127\/revisions"}],"predecessor-version":[{"id":50128,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50127\/revisions\/50128"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}