https://www.taxtmi.com/caselaws?id=343161 The ITAT overturned the disallowance of job work charges by the AO, citing lack of evidence as the reason for the disallowance. The ITAT emphasized that mere suspicion is insufficient to justify disallowance, following a Supreme Court decision. Regarding the disallowance of administrative expenses, the ITAT found the AO's action arbitrary and lacking specific details, ultimately setting aside the disallowance due to being based on conjecture. The ITAT allowed the appeal and deleted the addition of administrative expenses. en-us Mon, 09 Jan 2017 00:00:00 +0530 Sat, 20 May 2017 09:02:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343161 The ITAT overturned the disallowance of job work charges by the AO, citing lack of evidence as the reason for the disallowance. The ITAT emphasized that mere suspicion is insufficient to justify disallowance, following a Supreme Court decision. Regarding the disallowance of administrative expenses, the ITAT found the AO's action arbitrary and lacking specific details, ultimately setting aside the disallowance due to being based on conjecture. The ITAT allowed the appeal and deleted the addition of administrative expenses. Case-Laws Income Tax Mon, 09 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343161