https://www.taxtmi.com/caselaws?id=417068 The Tribunal dismissed the appeal filed by the assessee against the order of the Ld. CIT(A) for the Assessment Year 2012-13. The disallowance of a significant portion of claimed expenditure was sustained, resulting in a lower computed taxable income than the declared loss. The Tribunal upheld the disallowance due to insufficient justification and potential duplicacy of expenses, as the appellant failed to provide material countering the Ld. CIT(A)'s findings. The appeal was dismissed after a Virtual Hearing on 6th January 2022. en-us Thu, 06 Jan 2022 00:00:00 +0530 Thu, 13 Jan 2022 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417068 The Tribunal dismissed the appeal filed by the assessee against the order of the Ld. CIT(A) for the Assessment Year 2012-13. The disallowance of a significant portion of claimed expenditure was sustained, resulting in a lower computed taxable income than the declared loss. The Tribunal upheld the disallowance due to insufficient justification and potential duplicacy of expenses, as the appellant failed to provide material countering the Ld. CIT(A)'s findings. The appeal was dismissed after a Virtual Hearing on 6th January 2022. Case-Laws Income Tax Thu, 06 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417068