https://www.taxtmi.com/caselaws?id=431045 ITAT Amritsar allowed the assessee-educational society's appeal, holding that the ad hoc disallowance of 10% of salary expenditure, despite EPF deduction, was unsustainable as the AO identified no specific defect or lacuna in the books. The Tribunal directed deletion of disallowances of Rs. 1,46,100 and Rs. 2,93,100. It further upheld deletion of van rent entries, treating them as contra entries wrongly recorded on both debit and credit sides of the income and expenditure account, and ordered their removal from both sides. Consequent reduction of gross receipts below Rs. 1 crore rendered the assessee eligible for exemption under s.10(23C)(iiiad) r.w. Rule 2BC. en-us Wed, 10 Aug 2022 00:00:00 +0530 Mon, 08 Dec 2025 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431045 ITAT Amritsar allowed the assessee-educational society's appeal, holding that the ad hoc disallowance of 10% of salary expenditure, despite EPF deduction, was unsustainable as the AO identified no specific defect or lacuna in the books. The Tribunal directed deletion of disallowances of Rs. 1,46,100 and Rs. 2,93,100. It further upheld deletion of van rent entries, treating them as contra entries wrongly recorded on both debit and credit sides of the income and expenditure account, and ordered their removal from both sides. Consequent reduction of gross receipts below Rs. 1 crore rendered the assessee eligible for exemption under s.10(23C)(iiiad) r.w. Rule 2BC. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431045