https://www.taxtmi.com/caselaws?id=390351 The tribunal partly allowed the appeal filed by the assessee, directing the A.O. to verify and potentially allow certain expenses based on further evidence. The disallowance of prior period expenses, electricity expenses, and rates and taxes expenses was upheld. However, the disallowance of travelling expenses was set aside, and the issue was remanded back to the A.O. for verification of the purpose and documentation. The assessee was instructed to provide necessary evidence to substantiate the business purpose of the travel expenses. en-us Thu, 26 Dec 2019 00:00:00 +0530 Mon, 30 Dec 2019 13:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390351 The tribunal partly allowed the appeal filed by the assessee, directing the A.O. to verify and potentially allow certain expenses based on further evidence. The disallowance of prior period expenses, electricity expenses, and rates and taxes expenses was upheld. However, the disallowance of travelling expenses was set aside, and the issue was remanded back to the A.O. for verification of the purpose and documentation. The assessee was instructed to provide necessary evidence to substantiate the business purpose of the travel expenses. Case-Laws Income Tax Thu, 26 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390351