https://www.taxtmi.com/highlights?id=61986 Disallowance of legal expenses - The fact remains undisputed before us that the assessee has not done any business activities during the year and that there is no business income shown also by the assessee. Therefore, the legal expenses claimed cannot be wholly and exclusively for the purposes of business of the assessee. In such a scenario, the decision of the subordinate authorities is held to be correct. - AT en-us Thu, 17 Feb 2022 14:20:44 +0530 Thu, 17 Feb 2022 14:20:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61986 Disallowance of legal expenses - The fact remains undisputed before us that the assessee has not done any business activities during the year and that there is no business income shown also by the assessee. Therefore, the legal expenses claimed cannot be wholly and exclusively for the purposes of business of the assessee. In such a scenario, the decision of the subordinate authorities is held to be correct. - AT Highlights Income Tax Thu, 17 Feb 2022 14:20:44 +0530 https://www.taxtmi.com/highlights?id=61986