https://www.taxtmi.com/caselaws?id=389086 The Tribunal partially allowed the appeal, reducing the disallowance of expenses from 20% to 10% of the claimed expenses. The judgment stressed the significance of maintaining proper documentation to support business expenses and affirmed that expenses must be wholly and exclusively for business purposes to be considered allowable. en-us Mon, 21 Oct 2019 00:00:00 +0530 Fri, 29 Nov 2019 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389086 The Tribunal partially allowed the appeal, reducing the disallowance of expenses from 20% to 10% of the claimed expenses. The judgment stressed the significance of maintaining proper documentation to support business expenses and affirmed that expenses must be wholly and exclusively for business purposes to be considered allowable. Case-Laws Income Tax Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389086