https://www.taxtmi.com/caselaws?id=444814 The Tribunal dismissed the appeal against the assessment order under section 143(3) of the Income-tax Act, 1961, regarding the disallowance of business promotion, Diwali, and miscellaneous expenses. The assessee failed to provide evidence contrary to the Assessing Officer's findings, which were confirmed by the CIT(A). The Tribunal upheld the disallowances of Rs. 4 lacs for business promotion, Rs. 2 lacs for Diwali expenses, and Rs. 2 lacs for miscellaneous expenses due to lack of substantiating evidence. The appeal was dismissed, and the decision was pronounced on 20/10/2023. en-us Fri, 20 Oct 2023 00:00:00 +0530 Mon, 23 Oct 2023 08:47:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444814 The Tribunal dismissed the appeal against the assessment order under section 143(3) of the Income-tax Act, 1961, regarding the disallowance of business promotion, Diwali, and miscellaneous expenses. The assessee failed to provide evidence contrary to the Assessing Officer's findings, which were confirmed by the CIT(A). The Tribunal upheld the disallowances of Rs. 4 lacs for business promotion, Rs. 2 lacs for Diwali expenses, and Rs. 2 lacs for miscellaneous expenses due to lack of substantiating evidence. The appeal was dismissed, and the decision was pronounced on 20/10/2023. Case-Laws Income Tax Fri, 20 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444814