https://www.taxtmi.com/caselaws?id=751557 The ITAT Mumbai confirmed the disallowance of franking charges as the assessee failed to provide sufficient evidence proving these expenses were incurred wholly and exclusively for business purposes. While details of parties were furnished, additional supporting evidence was lacking. The CIT(A)'s confirmation of the AO's action was upheld. However, the matter regarding commission payment was remanded to the AO for fresh verification, requiring the assessee to submit relevant evidence. The AO must pass orders in accordance with law after providing proper hearing. The appeal was allowed for statistical purposes. en-us Wed, 20 Mar 2024 00:00:00 +0530 Thu, 18 Apr 2024 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751557 The ITAT Mumbai confirmed the disallowance of franking charges as the assessee failed to provide sufficient evidence proving these expenses were incurred wholly and exclusively for business purposes. While details of parties were furnished, additional supporting evidence was lacking. The CIT(A)'s confirmation of the AO's action was upheld. However, the matter regarding commission payment was remanded to the AO for fresh verification, requiring the assessee to submit relevant evidence. The AO must pass orders in accordance with law after providing proper hearing. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 20 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751557