https://www.taxtmi.com/caselaws?id=427403 The Tribunal ruled in favor of the assessee, overturning the CIT(A)'s decision to sustain part of the addition made by the ITO. The Tribunal found that the disallowance of expenses on an ad-hoc basis due to non-availability of vouchers was unjustified, as the assessee maintained regular books of account without any specific defects. Criticizing the routine and perfunctory additions by the ITO and the lack of specific evidence, the Tribunal concluded that the disallowance lacked material evidence and was made without proper findings, leading to the deletion of the ad-hoc additions in favor of the assessee. en-us Thu, 01 Sep 2022 00:00:00 +0530 Wed, 07 Sep 2022 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427403 The Tribunal ruled in favor of the assessee, overturning the CIT(A)'s decision to sustain part of the addition made by the ITO. The Tribunal found that the disallowance of expenses on an ad-hoc basis due to non-availability of vouchers was unjustified, as the assessee maintained regular books of account without any specific defects. Criticizing the routine and perfunctory additions by the ITO and the lack of specific evidence, the Tribunal concluded that the disallowance lacked material evidence and was made without proper findings, leading to the deletion of the ad-hoc additions in favor of the assessee. Case-Laws Income Tax Thu, 01 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427403