https://www.taxtmi.com/caselaws?id=181537 The Tribunal partially allowed the appeals, directing the AO to disallow 25% of the alleged illegal expenses for the respective assessment years. The Tribunal emphasized the importance of substantiating expenses and client awareness to avoid disallowances under section 37(1) and the Explanation to section 37(1). en-us Fri, 11 Feb 2011 00:00:00 +0530 Tue, 19 Apr 2016 15:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181537 The Tribunal partially allowed the appeals, directing the AO to disallow 25% of the alleged illegal expenses for the respective assessment years. The Tribunal emphasized the importance of substantiating expenses and client awareness to avoid disallowances under section 37(1) and the Explanation to section 37(1). Case-Laws Income Tax Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181537