https://www.taxtmi.com/caselaws?id=245570 The ITAT partly allowed the appeal, deleting additions related to undisclosed professional receipts and professional indemnity insurance but confirming the reduced disallowance on certain expenses. The ITAT emphasized the importance of relevant documents and upheld the assessee's contentions where receipts were reconciled and reasonable explanations were provided. However, the disallowance on certain expenses was upheld due to the personal element involved, as confirmed by the CIT(A) and subsequently by the ITAT. en-us Fri, 28 Feb 2014 00:00:00 +0530 Wed, 02 Apr 2014 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245570 The ITAT partly allowed the appeal, deleting additions related to undisclosed professional receipts and professional indemnity insurance but confirming the reduced disallowance on certain expenses. The ITAT emphasized the importance of relevant documents and upheld the assessee's contentions where receipts were reconciled and reasonable explanations were provided. However, the disallowance on certain expenses was upheld due to the personal element involved, as confirmed by the CIT(A) and subsequently by the ITAT. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245570