Assessing Officer's Expense Disallowance Upheld by DRP Lacks Specificity; Appellant's Deduction Rejection Lacks Valid Basis.

Assessing Officer's Expense Disallowance Upheld by DRP Lacks Specificity; Appellant's Deduction Rejection Lacks Valid Basis. https://www.taxtmi.com/highlights?id=72110 Ad- hoc disallowance of expenses - Without pointing out any specific expenses, which according to the authorities below were not allowable as deduction, an ad-hoc disallowance was made by the AO and sustained by the DRP. The claim of deduction of expenses made by the Appellant could not have been dislodged by the authorities below without any basis. - AT en-us Wed, 20 Sep 2023 12:35:10 +0530 Wed, 20 Sep 2023 12:35:10 +0530 TaxTMI RSS Generator Assessing Officer's Expense Disallowance Upheld by DRP Lacks Specificity; Appellant's Deduction Rejection Lacks Valid Basis. https://www.taxtmi.com/highlights?id=72110 Ad- hoc disallowance of expenses - Without pointing out any specific expenses, which according to the authorities below were not allowable as deduction, an ad-hoc disallowance was made by the AO and sustained by the DRP. The claim of deduction of expenses made by the Appellant could not have been dislodged by the authorities below without any basis. - AT Highlights Income Tax Wed, 20 Sep 2023 12:35:10 +0530 https://www.taxtmi.com/highlights?id=72110