https://www.taxtmi.com/caselaws?id=325630 Partner reimbursements for car maintenance, office maintenance and client entertainment require verifiable bills and invoices to establish that the expenditure was actually incurred and was wholly and exclusively for the firm's business. Where such supporting evidence was not produced before the Assessing Officer, the claim could not be conclusively accepted or rejected on the existing record. The consistency principle was held inapplicable because the issue had not been examined in earlier years. The matter was therefore remitted for fresh verification and reconsideration in accordance with law. en-us Mon, 08 Feb 2016 00:00:00 +0530 Sat, 30 Apr 2022 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325630 Partner reimbursements for car maintenance, office maintenance and client entertainment require verifiable bills and invoices to establish that the expenditure was actually incurred and was wholly and exclusively for the firm's business. Where such supporting evidence was not produced before the Assessing Officer, the claim could not be conclusively accepted or rejected on the existing record. The consistency principle was held inapplicable because the issue had not been examined in earlier years. The matter was therefore remitted for fresh verification and reconsideration in accordance with law. Case-Laws Income Tax Mon, 08 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325630