https://www.taxtmi.com/caselaws?id=183766 The Tribunal upheld the CIT(A)'s decision to delete ad hoc disallowances of expenses totaling Rs. 1,85,76,401 for the assessment year 2007-08. The Tribunal criticized the AO for not adequately verifying the Assessee's explanations and resorting to disproportionate disallowances without concrete evidence. It was emphasized that the AO's actions lacked a sufficient basis beyond statistical comparisons. Consequently, the Tribunal dismissed the Revenue's appeal, affirming that the ad hoc disallowances were unsustainable due to the lack of thorough inquiry and valid reasons provided by the AO. en-us Fri, 04 Dec 2015 00:00:00 +0530 Tue, 21 Jun 2016 10:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183766 The Tribunal upheld the CIT(A)'s decision to delete ad hoc disallowances of expenses totaling Rs. 1,85,76,401 for the assessment year 2007-08. The Tribunal criticized the AO for not adequately verifying the Assessee's explanations and resorting to disproportionate disallowances without concrete evidence. It was emphasized that the AO's actions lacked a sufficient basis beyond statistical comparisons. Consequently, the Tribunal dismissed the Revenue's appeal, affirming that the ad hoc disallowances were unsustainable due to the lack of thorough inquiry and valid reasons provided by the AO. Case-Laws Income Tax Fri, 04 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183766