https://www.taxtmi.com/caselaws?id=410424 The tribunal partly allowed the appeal, emphasizing the importance of substantial evidence and proper documentation to support business expenses. The delay in filing the appeal was condoned, focusing on substantial justice. The assessment order was deemed valid despite challenges. Disallowances were upheld for various expenses like computer installation and visiting faculty, while SMU admission expenses were remanded for further examination. The tribunal allowed birthday celebration expenses, directing the deletion of a specific disallowance. The order highlighted the necessity of thorough verification and justification for expenses. en-us Tue, 04 May 2021 00:00:00 +0530 Mon, 02 Aug 2021 09:02:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410424 The tribunal partly allowed the appeal, emphasizing the importance of substantial evidence and proper documentation to support business expenses. The delay in filing the appeal was condoned, focusing on substantial justice. The assessment order was deemed valid despite challenges. Disallowances were upheld for various expenses like computer installation and visiting faculty, while SMU admission expenses were remanded for further examination. The tribunal allowed birthday celebration expenses, directing the deletion of a specific disallowance. The order highlighted the necessity of thorough verification and justification for expenses. Case-Laws Income Tax Tue, 04 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410424