https://www.taxtmi.com/caselaws?id=448897 The ITAT Raipur dismissed the appeal filed by the assessee society against the CIT(Appeals) order. The appeal concerned the disallowance of a deduction claim for expenses related to miscellaneous income. The ITAT upheld the CIT(Appeals) decision, which restricted the deduction to 20% of the miscellaneous income, resulting in a disallowance of Rs.1,03,596. The ITAT found no error in the CIT(Appeals) judgment, as the assessee failed to provide sufficient evidence to justify the claimed expenses. The appeal was dismissed due to the lack of substantiating evidence for the deduction. en-us Tue, 30 Jan 2024 00:00:00 +0530 Thu, 01 Feb 2024 09:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448897 The ITAT Raipur dismissed the appeal filed by the assessee society against the CIT(Appeals) order. The appeal concerned the disallowance of a deduction claim for expenses related to miscellaneous income. The ITAT upheld the CIT(Appeals) decision, which restricted the deduction to 20% of the miscellaneous income, resulting in a disallowance of Rs.1,03,596. The ITAT found no error in the CIT(Appeals) judgment, as the assessee failed to provide sufficient evidence to justify the claimed expenses. The appeal was dismissed due to the lack of substantiating evidence for the deduction. Case-Laws Income Tax Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448897