https://www.taxtmi.com/caselaws?id=381204 The Tribunal partly allowed the appeal, upholding the disallowances on purchases of material and vehicle expenses due to lack of proper verification. However, it reduced the disallowance on telephone expenses by 50%. The Tribunal found that the Assessing Officer's decision to add a sum on account of unverifiable purchases was justified as complete bills and vouchers were not produced by the assessee. The Tribunal also dismissed the claim of a violation of principles of natural justice, emphasizing that each year's tax proceedings are considered independently. en-us Tue, 09 Apr 2019 00:00:00 +0530 Thu, 06 Jun 2019 10:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381204 The Tribunal partly allowed the appeal, upholding the disallowances on purchases of material and vehicle expenses due to lack of proper verification. However, it reduced the disallowance on telephone expenses by 50%. The Tribunal found that the Assessing Officer's decision to add a sum on account of unverifiable purchases was justified as complete bills and vouchers were not produced by the assessee. The Tribunal also dismissed the claim of a violation of principles of natural justice, emphasizing that each year's tax proceedings are considered independently. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381204