https://www.taxtmi.com/caselaws?id=294400 The Tribunal ruled in favor of the assessee, allowing the appeal and deleting the ad hoc disallowance of expenses amounting to Rs. 1,50,000. The judgment emphasized the importance of proving expenses were for business purposes and highlighted that minor documentation discrepancies do not justify ad hoc disallowances when expenses are essential and not excessive. en-us Thu, 19 Sep 2019 00:00:00 +0530 Sun, 11 Apr 2021 11:27:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294400 The Tribunal ruled in favor of the assessee, allowing the appeal and deleting the ad hoc disallowance of expenses amounting to Rs. 1,50,000. The judgment emphasized the importance of proving expenses were for business purposes and highlighted that minor documentation discrepancies do not justify ad hoc disallowances when expenses are essential and not excessive. Case-Laws Income Tax Thu, 19 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294400