https://www.taxtmi.com/highlights?id=56371 Nature of expenses - Disallowance on account of expenditure on consultancy and legal fees - - purpose for which the expenditure was incurred is specific and the claim of expenditure against Tax Consultancy under the column “Transaction Text” of ledger of Transactions, the term “Preparation of Amalgamation of MRPL with MIP” and “Lawyer fees for Merger” respectively mentioned, were not successfully rebutted by the assessee before us also. - Additions confirmed - AT en-us Mon, 18 Jan 2021 13:20:16 +0530 Mon, 18 Jan 2021 13:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56371 Nature of expenses - Disallowance on account of expenditure on consultancy and legal fees - - purpose for which the expenditure was incurred is specific and the claim of expenditure against Tax Consultancy under the column “Transaction Text” of ledger of Transactions, the term “Preparation of Amalgamation of MRPL with MIP” and “Lawyer fees for Merger” respectively mentioned, were not successfully rebutted by the assessee before us also. - Additions confirmed - AT Highlights Income Tax Mon, 18 Jan 2021 13:20:16 +0530 https://www.taxtmi.com/highlights?id=56371