https://www.taxtmi.com/caselaws?id=62747 The ITAT Delhi allowed the appeal, ruling in favor of the assessee on both issues. The disallowance of telephone expenses was overturned as there was no evidence of non-business use for the telephones. Additionally, the addition made under section 68 of the Income Tax Act was deleted as the discrepancy in deposits and withdrawals was attributed to bookkeeping errors, not deliberate actions. en-us Fri, 06 Jul 2007 00:00:00 +0530 Thu, 26 Jul 2012 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62747 The ITAT Delhi allowed the appeal, ruling in favor of the assessee on both issues. The disallowance of telephone expenses was overturned as there was no evidence of non-business use for the telephones. Additionally, the addition made under section 68 of the Income Tax Act was deleted as the discrepancy in deposits and withdrawals was attributed to bookkeeping errors, not deliberate actions. Case-Laws Income Tax Fri, 06 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62747