https://www.taxtmi.com/caselaws?id=325453 The Tribunal partly allowed the appeal of the assessee against the order passed by CIT(A)-I, Lucknow for the assessment year 2008-09. Most disallowances, including extra profit addition, telephone expenses, traveling expenses, depreciation disallowance, legal & professional expenses disallowance, disallowance u/s 40a(ia), and difference in capital account, were upheld due to lack of substantiation and explanations provided by the assessee. The Tribunal's decision was based on a detailed analysis of each issue raised in the appeal. en-us Wed, 03 Feb 2016 00:00:00 +0530 Thu, 29 Dec 2016 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325453 The Tribunal partly allowed the appeal of the assessee against the order passed by CIT(A)-I, Lucknow for the assessment year 2008-09. Most disallowances, including extra profit addition, telephone expenses, traveling expenses, depreciation disallowance, legal & professional expenses disallowance, disallowance u/s 40a(ia), and difference in capital account, were upheld due to lack of substantiation and explanations provided by the assessee. The Tribunal's decision was based on a detailed analysis of each issue raised in the appeal. Case-Laws Income Tax Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325453