https://www.taxtmi.com/caselaws?id=443225 The High Court upheld the decision of the Income Tax Appellate Tribunal, ruling in favor of the assessee in the appeal against the disallowance of expenses claimed for the Assessment Year 2008-09. The Court found that the assessee had provided substantial evidence to substantiate the expenses, criticizing the Assessing Officer for the ad hoc disallowance without sufficient investigation. The Court dismissed the Revenue's appeal, emphasizing the need for proper justification before disallowing expenses and supporting the ITAT's decision. en-us Wed, 13 Sep 2023 00:00:00 +0530 Tue, 19 Sep 2023 08:03:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443225 The High Court upheld the decision of the Income Tax Appellate Tribunal, ruling in favor of the assessee in the appeal against the disallowance of expenses claimed for the Assessment Year 2008-09. The Court found that the assessee had provided substantial evidence to substantiate the expenses, criticizing the Assessing Officer for the ad hoc disallowance without sufficient investigation. The Court dismissed the Revenue's appeal, emphasizing the need for proper justification before disallowing expenses and supporting the ITAT's decision. Case-Laws Income Tax Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443225