INCOME TAX ACT, 1961

Section 143(3)

Assessment - Disallowance of RTP expenses for want of evidence - RTO expenses having been accounted for in gross receipts -

Assessee, engaged in tractor business and spare parts, claimed deduction of RTO exepnses. AO denied deduction on the ground that assessee had not filed the ledger copy of said expenses and no other evidence had been furnished to support the claim. Held: Amount incurred in connection with RTO expenses had been acounted for in gross receipts. Therefore, disallowance made on this count could not be sustained.