https://www.taxtmi.com/caselaws?id=251136 The Tribunal upheld the addition of Rs. 9,81,548 for non-business expenditure through credit cards due to lack of evidence. Disallowance under section 40(a)(ia) for non-deduction of TDS was reduced to Rs. 1,22,35,474 based on timely TDS payments. The disallowance of Rs. 25,500 for payment to Registrar of Companies was confirmed as capital expenditure. The issue of cash payments exceeding Rs. 20,000 was remanded for verification. Depreciation and interest on machinery claims were dismissed. Employee's Provident Fund contributions were allowed if paid before the return filing date. An estimated addition for commission paid to doctors was reduced to Rs. 5,00,000. en-us Thu, 24 Jul 2014 00:00:00 +0530 Fri, 05 Sep 2014 08:06:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251136 The Tribunal upheld the addition of Rs. 9,81,548 for non-business expenditure through credit cards due to lack of evidence. Disallowance under section 40(a)(ia) for non-deduction of TDS was reduced to Rs. 1,22,35,474 based on timely TDS payments. The disallowance of Rs. 25,500 for payment to Registrar of Companies was confirmed as capital expenditure. The issue of cash payments exceeding Rs. 20,000 was remanded for verification. Depreciation and interest on machinery claims were dismissed. Employee's Provident Fund contributions were allowed if paid before the return filing date. An estimated addition for commission paid to doctors was reduced to Rs. 5,00,000. Case-Laws Income Tax Thu, 24 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251136