https://www.taxtmi.com/caselaws?id=356772 The Tribunal partially allowed the appeal of an Urologist Surgeon, permitting certain professional expenses disallowed by the AO under the Income Tax Act, 1961. The expenses for advertisement and publicity, purchase of gift items, entertainment, and meeting expenses were deemed allowable under section 37(1) as business expenditures. However, disallowances for traveling expenses and car repair expenses were upheld due to insufficient evidence. The Tribunal stressed the necessity of proper documentation to support tax deductions. en-us Fri, 09 Mar 2018 00:00:00 +0530 Mon, 12 Mar 2018 05:48:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356772 The Tribunal partially allowed the appeal of an Urologist Surgeon, permitting certain professional expenses disallowed by the AO under the Income Tax Act, 1961. The expenses for advertisement and publicity, purchase of gift items, entertainment, and meeting expenses were deemed allowable under section 37(1) as business expenditures. However, disallowances for traveling expenses and car repair expenses were upheld due to insufficient evidence. The Tribunal stressed the necessity of proper documentation to support tax deductions. Case-Laws Income Tax Fri, 09 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356772