https://www.taxtmi.com/caselaws?id=395107 The Tribunal upheld the disallowance of advances written off by the assessee, stating that the parent company's decision not to reimburse did not justify the write-off as a business expense. Regarding the addition based on the AIR, the Tribunal directed the AO to verify the credit card payment details provided by the assessee before making a final determination, partially allowing the appeal for statistical purposes. en-us Wed, 11 Mar 2020 00:00:00 +0530 Wed, 06 May 2020 06:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395107 The Tribunal upheld the disallowance of advances written off by the assessee, stating that the parent company's decision not to reimburse did not justify the write-off as a business expense. Regarding the addition based on the AIR, the Tribunal directed the AO to verify the credit card payment details provided by the assessee before making a final determination, partially allowing the appeal for statistical purposes. Case-Laws Income Tax Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395107