https://www.taxtmi.com/caselaws?id=469806 Ad hoc disallowances of recreation, picnic, miscellaneous and shortage or leakage expenses were held unsustainable where the books were audited, no defects were found, and the Revenue produced no material to show that the claims were not incurred for business purposes. A fixed fractional disallowance of business write-offs was also deleted because no scientific basis or supporting evidence justified it. For deduction under section 80HHC, sales tax and similar levies were excluded from total turnover in line with binding precedent. Packing material could not be reallocated between eligible units for section 80IA absent evidence of artificial inflation or under-debiting, and the assessee's actual allocation was accepted. en-us Thu, 05 Sep 2024 00:00:00 +0530 Sat, 04 Jul 2026 10:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469806 Ad hoc disallowances of recreation, picnic, miscellaneous and shortage or leakage expenses were held unsustainable where the books were audited, no defects were found, and the Revenue produced no material to show that the claims were not incurred for business purposes. A fixed fractional disallowance of business write-offs was also deleted because no scientific basis or supporting evidence justified it. For deduction under section 80HHC, sales tax and similar levies were excluded from total turnover in line with binding precedent. Packing material could not be reallocated between eligible units for section 80IA absent evidence of artificial inflation or under-debiting, and the assessee's actual allocation was accepted. Case-Laws Income Tax Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469806