https://www.taxtmi.com/caselaws?id=401097 The tribunal ruled in favor of the assessee regarding the disallowance of travel expenditure under section 37(1) of the Income Tax Act, 1961, citing lack of factual basis for the disallowance and emphasizing the need for claims to be based on facts rather than presumption. The disallowance was deleted. However, the tribunal upheld the disallowance of vehicle repair and running expenditure, noting the possibility of personal use of company vehicles and the need for substantiation of expenses. en-us Mon, 07 Sep 2020 00:00:00 +0530 Fri, 27 Nov 2020 10:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401097 The tribunal ruled in favor of the assessee regarding the disallowance of travel expenditure under section 37(1) of the Income Tax Act, 1961, citing lack of factual basis for the disallowance and emphasizing the need for claims to be based on facts rather than presumption. The disallowance was deleted. However, the tribunal upheld the disallowance of vehicle repair and running expenditure, noting the possibility of personal use of company vehicles and the need for substantiation of expenses. Case-Laws Income Tax Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401097