https://www.taxtmi.com/caselaws?id=209031 The Tribunal partially allowed the assessee's appeals by reducing the disallowance of conveyance and staff welfare expenses to 10%. It deleted the disallowance of cash purchases under section 40A(3) and the addition of commission payments, confirming their business nature. However, the disallowance of office renovation expenses as capital expenditure was upheld. The revenue's appeals were dismissed. en-us Wed, 30 Mar 2011 00:00:00 +0530 Thu, 28 Jul 2016 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209031 The Tribunal partially allowed the assessee's appeals by reducing the disallowance of conveyance and staff welfare expenses to 10%. It deleted the disallowance of cash purchases under section 40A(3) and the addition of commission payments, confirming their business nature. However, the disallowance of office renovation expenses as capital expenditure was upheld. The revenue's appeals were dismissed. Case-Laws Income Tax Wed, 30 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209031