https://www.taxtmi.com/caselaws?id=366685 Sales promotion expenditure claimed for purchase and distribution of silver coins was disallowed where the supplier was found to be issuing fake bills and the supporting VAT records did not match the invoices produced by the assessee. The record showed inconsistencies in invoice numbers, pricing, supplier returns and recipient details, while the assessee could substantiate only part of the alleged distribution. On that evidence, the claim lacked reliable corroboration and the disputed portion was treated as not genuine on a preponderance of probabilities, so the disallowance sustained by the first appellate authority was upheld. en-us Wed, 05 Sep 2018 00:00:00 +0530 Sat, 08 Sep 2018 08:09:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366685 Sales promotion expenditure claimed for purchase and distribution of silver coins was disallowed where the supplier was found to be issuing fake bills and the supporting VAT records did not match the invoices produced by the assessee. The record showed inconsistencies in invoice numbers, pricing, supplier returns and recipient details, while the assessee could substantiate only part of the alleged distribution. On that evidence, the claim lacked reliable corroboration and the disputed portion was treated as not genuine on a preponderance of probabilities, so the disallowance sustained by the first appellate authority was upheld. Case-Laws Income Tax Wed, 05 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366685