https://www.taxtmi.com/caselaws?id=396765 The Tribunal partially allowed the appeal, providing relief to the appellant on both issues related to the disallowance of expenses. In the first issue concerning subscription and membership fees, the disallowance was reduced from 30% to 10% due to lack of specific reasons for the higher disallowance. The Tribunal recognized the necessity of such expenses for client relationships in the appellant's business. Regarding the adhoc disallowance under various heads, the Tribunal found the lack of proper bills insufficient to justify the disallowance and emphasized the industry's common practice of using internal vouchers. Therefore, the Tribunal deemed the disallowance unwarranted and deleted it, ultimately ruling in favor of the appellant. en-us Mon, 15 Jun 2020 00:00:00 +0530 Sat, 18 Jul 2020 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396765 The Tribunal partially allowed the appeal, providing relief to the appellant on both issues related to the disallowance of expenses. In the first issue concerning subscription and membership fees, the disallowance was reduced from 30% to 10% due to lack of specific reasons for the higher disallowance. The Tribunal recognized the necessity of such expenses for client relationships in the appellant's business. Regarding the adhoc disallowance under various heads, the Tribunal found the lack of proper bills insufficient to justify the disallowance and emphasized the industry's common practice of using internal vouchers. Therefore, the Tribunal deemed the disallowance unwarranted and deleted it, ultimately ruling in favor of the appellant. Case-Laws Income Tax Mon, 15 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396765