https://www.taxtmi.com/caselaws?id=397360 ITAT Mumbai held that disallowance of sales promotion expenses could not be sustained where the assessee had produced invoices, ledger details, bank payment records and recipient tax-registration particulars. The addition was based mainly on non-response to notices and failure to produce some parties, without any finding that the expenditure was excessive, bogus or unsupported by primary evidence. As no summons were issued under section 131 and the appellate authority did not independently examine the record, the disallowance rested on conjecture rather than reasoned verification. The addition was deleted in favour of the assessee. en-us Mon, 01 Jun 2020 00:00:00 +0530 Mon, 17 Aug 2020 10:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397360 ITAT Mumbai held that disallowance of sales promotion expenses could not be sustained where the assessee had produced invoices, ledger details, bank payment records and recipient tax-registration particulars. The addition was based mainly on non-response to notices and failure to produce some parties, without any finding that the expenditure was excessive, bogus or unsupported by primary evidence. As no summons were issued under section 131 and the appellate authority did not independently examine the record, the disallowance rested on conjecture rather than reasoned verification. The addition was deleted in favour of the assessee. Case-Laws Income Tax Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397360