https://www.taxtmi.com/caselaws?id=417917 The Tribunal dismissed the appeal regarding the disallowance of Rs. 6,60,000 for Bank Guarantee written off and Rs. 1,03,664 for Depreciation. The decisions were based on the lack of evidence provided by the appellant to substantiate the claims, resulting in the failure to meet the burden of proof required. The disallowances were upheld as the appellant could not prove the genuineness of the amounts in question, leading to the dismissal of the appeal. en-us Mon, 31 Jan 2022 00:00:00 +0530 Fri, 04 Feb 2022 07:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417917 The Tribunal dismissed the appeal regarding the disallowance of Rs. 6,60,000 for Bank Guarantee written off and Rs. 1,03,664 for Depreciation. The decisions were based on the lack of evidence provided by the appellant to substantiate the claims, resulting in the failure to meet the burden of proof required. The disallowances were upheld as the appellant could not prove the genuineness of the amounts in question, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417917