https://www.taxtmi.com/highlights?id=53803 Disallowance of direct expenses materials - there is no doubt of whatsoever with regard to purchases of materials for the purpose of development of land. - When 50% direct expense is genuine, then remaining 50% cannot be non-genuine merely because it was purchased from associate concern. en-us Tue, 23 Jun 2020 10:48:40 +0530 Tue, 23 Jun 2020 10:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53803 Disallowance of direct expenses materials - there is no doubt of whatsoever with regard to purchases of materials for the purpose of development of land. - When 50% direct expense is genuine, then remaining 50% cannot be non-genuine merely because it was purchased from associate concern. Highlights Income Tax Tue, 23 Jun 2020 10:48:40 +0530 https://www.taxtmi.com/highlights?id=53803