https://www.taxtmi.com/caselaws?id=210965 The appeal was filed by the revenue challenging the disallowance of repair and maintenance expenses amounting to Rs. 27,85,005 due to lack of evidence. The CIT(A) found supporting vouchers on record, criticized the Assessing Officer's lack of proper verification, and noted a higher turnover compared to the previous year. The ITAT affirmed the CIT(A)'s decision, stating it was factual and not perverse. Additionally, the addition of Rs. 3,33,151 towards sales tax refund was allowed, emphasizing accrual-based accounting principles. The disallowance of vehicle repair expenses was also overturned due to lack of proper examination by the Assessing Officer, leading to the dismissal of the appeal. en-us Tue, 20 Sep 2011 00:00:00 +0530 Tue, 28 Feb 2012 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210965 The appeal was filed by the revenue challenging the disallowance of repair and maintenance expenses amounting to Rs. 27,85,005 due to lack of evidence. The CIT(A) found supporting vouchers on record, criticized the Assessing Officer's lack of proper verification, and noted a higher turnover compared to the previous year. The ITAT affirmed the CIT(A)'s decision, stating it was factual and not perverse. Additionally, the addition of Rs. 3,33,151 towards sales tax refund was allowed, emphasizing accrual-based accounting principles. The disallowance of vehicle repair expenses was also overturned due to lack of proper examination by the Assessing Officer, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 20 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210965