https://www.taxtmi.com/caselaws?id=388101 The Tribunal allowed the assessee's appeal, emphasizing the need for specific findings to support disallowances and rejecting arbitrary adhoc disallowances without concrete evidence. The judgment underscored the importance of genuine business needs for cash payments and the necessity for thorough examination before disallowing expenses. The Tribunal directed the deletion of the disallowance confirmed by the ld. CIT(A), highlighting the lack of specific evidence to justify the disallowances. Ledger accounts showing a mix of cash and cheque payments undermined the blanket disallowance, leading to the deletion of the sustained expenses disallowance. en-us Mon, 02 Sep 2019 00:00:00 +0530 Fri, 08 Nov 2019 08:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388101 The Tribunal allowed the assessee's appeal, emphasizing the need for specific findings to support disallowances and rejecting arbitrary adhoc disallowances without concrete evidence. The judgment underscored the importance of genuine business needs for cash payments and the necessity for thorough examination before disallowing expenses. The Tribunal directed the deletion of the disallowance confirmed by the ld. CIT(A), highlighting the lack of specific evidence to justify the disallowances. Ledger accounts showing a mix of cash and cheque payments undermined the blanket disallowance, leading to the deletion of the sustained expenses disallowance. Case-Laws Income Tax Mon, 02 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388101