https://www.taxtmi.com/caselaws?id=388925 The Tribunal upheld the decisions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)), ruling that the claimed expenses of Rs. 5,66,925/- by the assessee against business income from partnership firms were personal in nature and not incurred for business purposes. The Tribunal emphasized that the burden of proof lies on the assessee to show that expenses were wholly and exclusively for business purposes, which the assessee failed to do. The appeal was dismissed, affirming the disallowance of the expenses. en-us Tue, 01 Oct 2019 00:00:00 +0530 Wed, 27 Nov 2019 12:13:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388925 The Tribunal upheld the decisions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)), ruling that the claimed expenses of Rs. 5,66,925/- by the assessee against business income from partnership firms were personal in nature and not incurred for business purposes. The Tribunal emphasized that the burden of proof lies on the assessee to show that expenses were wholly and exclusively for business purposes, which the assessee failed to do. The appeal was dismissed, affirming the disallowance of the expenses. Case-Laws Income Tax Tue, 01 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388925