https://www.taxtmi.com/caselaws?id=788911 ITAT Hyderabad notes that an ad hoc disallowance of business expenditure cannot be sustained merely for want of supporting bills or vouchers when the books of account are not found defective or rejected; the 50% disallowance was deleted. It also records that licence fee was deductible in the relevant assessment year where the licence period and challans showed the expense related to that year, so the date of payment alone could not justify disallowance. Further, incentives for displaying brands could not be treated as unaccounted business income when sales records, TDS details and return disclosures showed the amount was already accounted for; the addition was deleted. en-us Fri, 27 Mar 2026 00:00:00 +0530 Tue, 31 Mar 2026 08:27:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788911 ITAT Hyderabad notes that an ad hoc disallowance of business expenditure cannot be sustained merely for want of supporting bills or vouchers when the books of account are not found defective or rejected; the 50% disallowance was deleted. It also records that licence fee was deductible in the relevant assessment year where the licence period and challans showed the expense related to that year, so the date of payment alone could not justify disallowance. Further, incentives for displaying brands could not be treated as unaccounted business income when sales records, TDS details and return disclosures showed the amount was already accounted for; the addition was deleted. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788911