https://www.taxtmi.com/caselaws?id=470303 Disallowance relating to exempt income is limited to the exempt income earned and cannot exceed that amount. For travelling and conveyance expenditure involving both business and personal use, an estimated disallowance may be sustained where records support the business expenditure, no specific defect is identified, and a personal element is evident. On these principles, relief restricting the exempt-income disallowance and limiting the travelling and conveyance disallowance to 5% was sustained. en-us Wed, 19 Mar 2025 00:00:00 +0530 Wed, 22 Jul 2026 20:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470303 Disallowance relating to exempt income is limited to the exempt income earned and cannot exceed that amount. For travelling and conveyance expenditure involving both business and personal use, an estimated disallowance may be sustained where records support the business expenditure, no specific defect is identified, and a personal element is evident. On these principles, relief restricting the exempt-income disallowance and limiting the travelling and conveyance disallowance to 5% was sustained. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470303