High Court Confirms Rent Disallowance, Focuses on Genuineness of Expenditure Over Prudence in Business Conduct Evaluation. https://www.taxtmi.com/highlights?id=13737 Disallowance of rent - Tribunal viewed the entire expenditure not from the angle of prudence but from the question of genuineness thereof. It is true that such genuineness was examined on the basis of normal conduct of a business man - disallowance confirmed - HC en-us Tue, 06 Aug 2013 18:18:24 +0530 Tue, 06 Aug 2013 18:18:24 +0530 TaxTMI RSS Generator High Court Confirms Rent Disallowance, Focuses on Genuineness of Expenditure Over Prudence in Business Conduct Evaluation. https://www.taxtmi.com/highlights?id=13737 Disallowance of rent - Tribunal viewed the entire expenditure not from the angle of prudence but from the question of genuineness thereof. It is true that such genuineness was examined on the basis of normal conduct of a business man - disallowance confirmed - HC Highlights Income Tax Tue, 06 Aug 2013 18:18:24 +0530 https://www.taxtmi.com/highlights?id=13737