https://www.taxtmi.com/caselaws?id=233802 The ITAT set aside the disallowance of labor charges paid to three parties, directing the AO to re-decide after allowing the assessee to present evidence. The disallowance of foreign traveling expenses was upheld as the appellant failed to prove business purposes. However, the ad hoc disallowance of telephone expenses was deleted by the ITAT. Similarly, the ad hoc disallowance of conveyance, repairs, and maintenance expenses was also deleted due to lack of basis. The disallowance of interest on a motor car loan was overturned as it was found to be deductible under section 36(1)(iii). Other related disallowances were not disputed. en-us Fri, 05 Apr 2013 00:00:00 +0530 Thu, 16 May 2013 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233802 The ITAT set aside the disallowance of labor charges paid to three parties, directing the AO to re-decide after allowing the assessee to present evidence. The disallowance of foreign traveling expenses was upheld as the appellant failed to prove business purposes. However, the ad hoc disallowance of telephone expenses was deleted by the ITAT. Similarly, the ad hoc disallowance of conveyance, repairs, and maintenance expenses was also deleted due to lack of basis. The disallowance of interest on a motor car loan was overturned as it was found to be deductible under section 36(1)(iii). Other related disallowances were not disputed. Case-Laws Income Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233802