https://www.taxtmi.com/caselaws?id=171023 The Tribunal upheld the addition of Rs. 1,35,22,144 to the assessee's total income due to insufficient evidence supporting corporate cost allocation expenses. However, the Tribunal allowed the appeal for statistical purposes, emphasizing the importance of providing necessary evidence to support expenditure claims. The case underscores the significance of complying with evidentiary requirements for income assessment and expense claims under the Income Tax Act. en-us Tue, 09 Dec 2014 00:00:00 +0530 Fri, 06 Feb 2015 12:55:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171023 The Tribunal upheld the addition of Rs. 1,35,22,144 to the assessee's total income due to insufficient evidence supporting corporate cost allocation expenses. However, the Tribunal allowed the appeal for statistical purposes, emphasizing the importance of providing necessary evidence to support expenditure claims. The case underscores the significance of complying with evidentiary requirements for income assessment and expense claims under the Income Tax Act. Case-Laws Income Tax Tue, 09 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171023