https://www.taxtmi.com/caselaws?id=399394 The High Court dismissed the appeal concerning the disallowance of expenses for business purposes in the Assessment Year 2005-06. The court found no substantial question of law in the issues raised, including the reasonability of expenses, adhoc disallowance, burden of proof on the assessee, and the scope of interference under Section 260A of the Income Tax Act. The tribunal's findings were upheld as being based on evidence, and no perversity was demonstrated, leading to the dismissal of the appeal. en-us Thu, 01 Oct 2020 00:00:00 +0530 Fri, 09 Oct 2020 15:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399394 The High Court dismissed the appeal concerning the disallowance of expenses for business purposes in the Assessment Year 2005-06. The court found no substantial question of law in the issues raised, including the reasonability of expenses, adhoc disallowance, burden of proof on the assessee, and the scope of interference under Section 260A of the Income Tax Act. The tribunal's findings were upheld as being based on evidence, and no perversity was demonstrated, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399394