https://www.taxtmi.com/highlights?id=75633 30% ad-hoc disallowance of travelling expenses being car charges, foreign travelling expenses and domestic travelling expenses - The Assessee argued that the expenses were essential for business expansion and were supported by legal justifications, including past judicial decisions. - The Tribunal concluded that the Lower Authorities erred in making ad-hoc disallowance without disputing the genuineness of the expenses. en-us Tue, 12 Mar 2024 08:56:26 +0530 Tue, 12 Mar 2024 08:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75633 30% ad-hoc disallowance of travelling expenses being car charges, foreign travelling expenses and domestic travelling expenses - The Assessee argued that the expenses were essential for business expansion and were supported by legal justifications, including past judicial decisions. - The Tribunal concluded that the Lower Authorities erred in making ad-hoc disallowance without disputing the genuineness of the expenses. Highlights Income Tax Tue, 12 Mar 2024 08:56:26 +0530 https://www.taxtmi.com/highlights?id=75633