https://www.taxtmi.com/caselaws?id=286453 The ITAT upheld the disallowance of expenses under Site Expenses and Consumable heads, totaling Rs. 5 lakhs and Rs. 3 lakhs respectively, due to missing vouchers. The addition of Rs. 3,18,279 under section 68 of the Act was upheld as the assessee failed to reconcile differences in receipts declared and Form 26AS. The ITAT dismissed the overall appeal against the lower authorities' decisions, affirming that the disallowances and additions were justified under the Income Tax Act, 1961. en-us Wed, 20 Mar 2019 00:00:00 +0530 Thu, 27 Feb 2020 06:55:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286453 The ITAT upheld the disallowance of expenses under Site Expenses and Consumable heads, totaling Rs. 5 lakhs and Rs. 3 lakhs respectively, due to missing vouchers. The addition of Rs. 3,18,279 under section 68 of the Act was upheld as the assessee failed to reconcile differences in receipts declared and Form 26AS. The ITAT dismissed the overall appeal against the lower authorities' decisions, affirming that the disallowances and additions were justified under the Income Tax Act, 1961. Case-Laws Income Tax Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286453