https://www.taxtmi.com/caselaws?id=783884 Ad-hoc disallowance of 50% of miscellaneous expenditure was held unsustainable because the AO accepted the nature of expenditure (meetings/AGM) and the assessee produced bills, invoices, vouchers, and payment proof; in absence of specific defects, ad-hoc disallowance was unwarranted, resulting in deletion of the disallowance. Mismatch between sales turnover in the audit report and ITR was plausibly explained as arising from rounding differences and partial reconciliation already accepted by the AO; the residual addition was therefore directed to be deleted. Disallowance under s. 40(a)(i) was upheld because the assessee failed to substantiate the alleged tax-audit reporting error with any rectification/clarification. Transfer pricing/AMP issues were treated as settled under an APA, leaving no surviving dispute. en-us Fri, 28 Nov 2025 00:00:00 +0530 Wed, 24 Dec 2025 07:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783884 Ad-hoc disallowance of 50% of miscellaneous expenditure was held unsustainable because the AO accepted the nature of expenditure (meetings/AGM) and the assessee produced bills, invoices, vouchers, and payment proof; in absence of specific defects, ad-hoc disallowance was unwarranted, resulting in deletion of the disallowance. Mismatch between sales turnover in the audit report and ITR was plausibly explained as arising from rounding differences and partial reconciliation already accepted by the AO; the residual addition was therefore directed to be deleted. Disallowance under s. 40(a)(i) was upheld because the assessee failed to substantiate the alleged tax-audit reporting error with any rectification/clarification. Transfer pricing/AMP issues were treated as settled under an APA, leaving no surviving dispute. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783884