https://www.taxtmi.com/caselaws?id=235882 An ad hoc 10% disallowance of wages expenditure was deleted because it was made on estimate without comparable material or evidence that the claim was not genuine. The audited books, the consistency of the declared profit with an earlier survey-based assessment, and the absence of support for a blanket rejection of the wage claim showed that insufficiency of vouchers alone did not justify disallowance. The record also indicated that the expenditure was not unreasonable on the facts, including by reference to labour-charge tolerance in works-contract taxation. en-us Fri, 17 May 2013 00:00:00 +0530 Wed, 07 Aug 2013 19:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235882 An ad hoc 10% disallowance of wages expenditure was deleted because it was made on estimate without comparable material or evidence that the claim was not genuine. The audited books, the consistency of the declared profit with an earlier survey-based assessment, and the absence of support for a blanket rejection of the wage claim showed that insufficiency of vouchers alone did not justify disallowance. The record also indicated that the expenditure was not unreasonable on the facts, including by reference to labour-charge tolerance in works-contract taxation. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235882