https://www.taxtmi.com/caselaws?id=270699 Ad hoc disallowance of professional expenses and estimated additions for household expenditure require specific defects, concrete material, or a demonstrated factual basis; absent such support, those additions were deleted. Bank-interest disallowance was also deleted because the Revenue had not established a factual basis to reject the claimed loan purpose despite missing supporting details. Cash purchases exceeding the statutory threshold attracted disallowance under section 40A(3), as the asserted splitting of payments below the limit was not accepted on the facts. The assessment was modified, with relief on the unsupported disallowances but retention of the cash-purchase disallowance. en-us Wed, 04 Nov 2015 00:00:00 +0530 Wed, 13 Jan 2016 10:06:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270699 Ad hoc disallowance of professional expenses and estimated additions for household expenditure require specific defects, concrete material, or a demonstrated factual basis; absent such support, those additions were deleted. Bank-interest disallowance was also deleted because the Revenue had not established a factual basis to reject the claimed loan purpose despite missing supporting details. Cash purchases exceeding the statutory threshold attracted disallowance under section 40A(3), as the asserted splitting of payments below the limit was not accepted on the facts. The assessment was modified, with relief on the unsupported disallowances but retention of the cash-purchase disallowance. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270699