https://www.taxtmi.com/caselaws?id=426193 The Appellate Tribunal allowed the appeal, permitting the deduction of Rs. 811.75 Lacs expenditure in computing the taxable total income. The Tribunal recognized the business purpose of the expenditure, supported by evidence of banking transactions and receipts, directing the Assessing Officer to verify the buyer's non-claim to allow the deduction. en-us Wed, 06 Jul 2022 00:00:00 +0530 Wed, 10 Aug 2022 09:28:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426193 The Appellate Tribunal allowed the appeal, permitting the deduction of Rs. 811.75 Lacs expenditure in computing the taxable total income. The Tribunal recognized the business purpose of the expenditure, supported by evidence of banking transactions and receipts, directing the Assessing Officer to verify the buyer's non-claim to allow the deduction. Case-Laws Income Tax Wed, 06 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426193