https://www.taxtmi.com/caselaws?id=261732 The court affirmed the assessing officer's decision to disallow expenditure of Rs. 28,40,160 for "granite raising expenses" in the assessment year 2008-09. The appellant's failure to provide sufficient evidence to prove the genuineness of the expenses, including lack of proof of payments to creditors and discrepancies in details, led to the dismissal of the appeal. The court found the assessing officer's assessment to be factual and upheld the Tribunal's decision without costs. en-us Thu, 02 Jul 2015 00:00:00 +0530 Tue, 21 Jul 2015 06:17:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261732 The court affirmed the assessing officer's decision to disallow expenditure of Rs. 28,40,160 for "granite raising expenses" in the assessment year 2008-09. The appellant's failure to provide sufficient evidence to prove the genuineness of the expenses, including lack of proof of payments to creditors and discrepancies in details, led to the dismissal of the appeal. The court found the assessing officer's assessment to be factual and upheld the Tribunal's decision without costs. Case-Laws Income Tax Thu, 02 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261732