https://www.taxtmi.com/caselaws?id=469471 Land filing and development expenses claimed for land held as stock-in-trade were accepted only partly because the supporting bills, books and supplier records substantiated the business transactions, but the evidence was not sufficient to support the claim in full. The full disallowance was therefore not sustained; it was restricted to 10% of the aggregate expenditure, granting partial relief on the claim. en-us Fri, 07 Mar 2025 00:00:00 +0530 Thu, 18 Jun 2026 18:59:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469471 Land filing and development expenses claimed for land held as stock-in-trade were accepted only partly because the supporting bills, books and supplier records substantiated the business transactions, but the evidence was not sufficient to support the claim in full. The full disallowance was therefore not sustained; it was restricted to 10% of the aggregate expenditure, granting partial relief on the claim. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469471