https://www.taxtmi.com/caselaws?id=246858 The High Court dismissed the Tax Case (Appeal) regarding the disallowance of 10% of the assessee's claimed expenses, ruling in favor of the assessee. The court found no valid reason to disallow the remaining 10% of the claimed expenditure, emphasizing the lack of justification by the Revenue. The judgment highlighted the importance of factual considerations and the necessity for proper justification in supporting any disallowances by the Revenue. en-us Wed, 16 Apr 2014 00:00:00 +0530 Thu, 24 Apr 2014 08:03:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246858 The High Court dismissed the Tax Case (Appeal) regarding the disallowance of 10% of the assessee's claimed expenses, ruling in favor of the assessee. The court found no valid reason to disallow the remaining 10% of the claimed expenditure, emphasizing the lack of justification by the Revenue. The judgment highlighted the importance of factual considerations and the necessity for proper justification in supporting any disallowances by the Revenue. Case-Laws Income Tax Wed, 16 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246858