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. On appeal the Tribunal held that\u00a0\u00a0 parties in whose names cheques were alleged to be issued had deposed on oath that they had neither encashed cheques nor received amount from assessee.\u00a0 Furthermore, 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. SLP of assessee is dismissed. \u00a0(AY. 2010-11) \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 37(1) : Business expenditure-Civil contractor-Widening and strengthening of existing road-Purchase of marble for construction of High way Authority-Parties whose name cheques were alleged to be issued had deposed on oath that they had neither encashed cheque nor received amount-Order of Tribunal affirming the disallowance is affirmed-SLP of assessee is dismissed.[Art. 136]<\/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-50666","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dbc","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50666","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=50666"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50666\/revisions"}],"predecessor-version":[{"id":50667,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50666\/revisions\/50667"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}