Shri Kabadi Sundarsa Manjunath , Bangalore Assistant Commissioner of Income Tax Circle-12(3), Bangalore

This Income Tax Appellate Tribunal case involves an appeal by Shri Kabadi Sundarsa Manjunath against the order of the Commissioner of Income Tax (Appeals). The assessee disputes the total income assessed and challenges specific additions made to his income. These additions include an amount of Rs. 1,06,670, which the assessee claims was for business purposes, and Rs. 7,43,741, which was disallowed in the hands of a company.

IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCHES “ B ” BENCH: BANGALORE

BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT
AND SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER

ITA No.997/Bang/2018
(Assessment Year: 2010-11)

Shri Kabadi Sundarsa Manjunath,
No.40, 4th Cross, Swan House, Residency Road,
Bangalore-560 025 ….Appellant
PAN ADRPM2173J

Vs.

Assistant Commissioner of Income Tax,
Circle 12(3), Bangalore. ……Respondent.

Assessee By: Shri S.V.Ravi Shankar, Advocate.
Revenue By: Shri Priyadarshi Mishra, JCIT (D.R)

Date of Hearing : 15.12.2020.
Date of Pronouncement : 6.12.2020.

O R D E R

PER SHRI CHANDRA POOJARI, A.M. :

This appeal filed by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-7, Bangalore dt.05.01.2018 for the Assessment Year 2010-11.

2. The assessee has raised the following grounds :

1. “ The order of the learned Commissioner of Income Tax (Appeals) in so far as it is against the appellant are opposed to law, equity and weight of evidence, natural justice, facts and circumstances of the case.

2. The appellant denies himself liable to be assessed to total income of Rs. 50,76,891/- as against the returned income of Rs. 42,26,480/- on the facts and circumstances of the case.

3. The CIT(A) was not justified in confirming the additions of Rs. 1,06,670/- as being a perquisite, when the expenditure was incurred for business purposes, on the facts and circumstances of the case.

4. The CIT(A) was not justified in confirming the additions of Rs. 7,43,741/- as necessary to be added to the income of the appellant, since disallowed in the hands of the company, on the facts and circumstances of the case.

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