https://www.taxtmi.com/caselaws?id=422825 The Tribunal partially allowed the appeal, reducing the disallowance percentage for purchase expenses and allowing the renovation expenses claimed by the appellant. The decision was based on the principles of substantiation of expenses, nature of transactions, and prevention of revenue leakage. en-us Fri, 06 May 2022 00:00:00 +0530 Tue, 24 May 2022 06:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422825 The Tribunal partially allowed the appeal, reducing the disallowance percentage for purchase expenses and allowing the renovation expenses claimed by the appellant. The decision was based on the principles of substantiation of expenses, nature of transactions, and prevention of revenue leakage. Case-Laws Income Tax Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422825