https://www.taxtmi.com/highlights?id=53339 Disallowance of expenditure towards development of property - no supporting bills of expenditure were provided - CIT(A) has allowed on ad hoc basis only 40% of the expenditure so claimed was genuine and incurred for developing the property - No justification in the order of the ld. CIT(A) for sustaining disallowance of 40% against the 50% disallowance made by the A.O., therefore, the A.O. is directed to allow full expenditure so incurred by the assessee. en-us Sat, 09 May 2020 10:52:32 +0530 Sat, 09 May 2020 10:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53339 Disallowance of expenditure towards development of property - no supporting bills of expenditure were provided - CIT(A) has allowed on ad hoc basis only 40% of the expenditure so claimed was genuine and incurred for developing the property - No justification in the order of the ld. CIT(A) for sustaining disallowance of 40% against the 50% disallowance made by the A.O., therefore, the A.O. is directed to allow full expenditure so incurred by the assessee. Highlights Income Tax Sat, 09 May 2020 10:52:32 +0530 https://www.taxtmi.com/highlights?id=53339