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5. However, the Assessing Officer rejected the explanation. The Assessing Officer recorded that turnover increased from Rs. 84 crores to Rs. 109 crores, trade receivables decreased from Rs. 7.65 crores to Rs. 4.95 crores, and trade payables increased from Rs. 1.44 crores to Rs. 9.34 crores. The Assessing Officer held that if receivables had decreased, funds were collected and therefore the explanation of inability to pay due to COVID was not acceptable. The Assessing Officer computed the ratio of trade payables to turnover in the previous year at 0.017 and applied the same to turnover of Rs. 109 crores to arrive at permissible trade payables of Rs. 1.87 crores. Even assuming doubling due to COVID, he considered Rs. 3.74 crores as reasonable and treated the balance of Rs. 5.60 crores as income. Accordingly, Rs. 5,60,00,000/- was added to total income.