https://www.taxtmi.com/caselaws?id=778944 ITAT JAIPUR-AT partly allowed the appeal. It held brokerage income of Rs. 11,500 and commission on interest receipts taxable, sustained Rs. 42,850 out of total additions of Rs. 6,89,640 and Rs. 3,42,000, and deleted the remaining additions. The assessee's claimed expenses (Rs. 7,33,440) were disallowed for lack of vouchers, but the Bench, recognizing unavoidable expenditure, directed taxation of 25% of the relevant income (presuming 75% expenses) as net income chargeable to tax. en-us Tue, 02 Sep 2025 00:00:00 +0530 Tue, 23 Sep 2025 16:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778944 ITAT JAIPUR-AT partly allowed the appeal. It held brokerage income of Rs. 11,500 and commission on interest receipts taxable, sustained Rs. 42,850 out of total additions of Rs. 6,89,640 and Rs. 3,42,000, and deleted the remaining additions. The assessee's claimed expenses (Rs. 7,33,440) were disallowed for lack of vouchers, but the Bench, recognizing unavoidable expenditure, directed taxation of 25% of the relevant income (presuming 75% expenses) as net income chargeable to tax. Case-Laws Income Tax Tue, 02 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778944