https://www.taxtmi.com/caselaws?id=299552 The appeal was allowed by the Tribunal, rejecting the disallowance of expenses on a lump sum basis without specific defects in the accounts. The Tribunal emphasized the requirement for specific defects to justify ad hoc disallowances, directing the Assessing Officer to delete the addition of Rs. 10,00,000. This decision sets a precedent for future cases, highlighting the importance of providing concrete evidence before disallowing expenses on a lump sum basis. en-us Mon, 27 Jan 2020 00:00:00 +0530 Sun, 19 Dec 2021 20:23:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299552 The appeal was allowed by the Tribunal, rejecting the disallowance of expenses on a lump sum basis without specific defects in the accounts. The Tribunal emphasized the requirement for specific defects to justify ad hoc disallowances, directing the Assessing Officer to delete the addition of Rs. 10,00,000. This decision sets a precedent for future cases, highlighting the importance of providing concrete evidence before disallowing expenses on a lump sum basis. Case-Laws Income Tax Mon, 27 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299552