https://www.taxtmi.com/caselaws?id=71832 The appeal was partially allowed in a case involving disallowance of truck running expenses, expenses claimed in the tanker running account, and bad debts. The tribunal directed further verification for the tanker running account expenses, while dismissing the grounds related to truck running expenses and bad debts. The disallowance of 25% of truck running expenses was upheld as reasonable due to lack of verifiable expenses, and the disallowance of expenses in the tanker running account was subject to further verification by the AO. The disallowance of bad debts was confirmed as the conditions under section 36(2) were not met. en-us Fri, 21 Sep 2001 00:00:00 +0530 Wed, 27 Apr 2011 13:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71832 The appeal was partially allowed in a case involving disallowance of truck running expenses, expenses claimed in the tanker running account, and bad debts. The tribunal directed further verification for the tanker running account expenses, while dismissing the grounds related to truck running expenses and bad debts. The disallowance of 25% of truck running expenses was upheld as reasonable due to lack of verifiable expenses, and the disallowance of expenses in the tanker running account was subject to further verification by the AO. The disallowance of bad debts was confirmed as the conditions under section 36(2) were not met. Case-Laws Income Tax Fri, 21 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71832