https://www.taxtmi.com/caselaws?id=470383 Ad hoc disallowance of miscellaneous business expenditure requires a justifiable factual basis. Where expenditure was substantially paid through banking channels, applicable tax was deducted at source, and bills, vouchers, ledgers and audited financial records were furnished, an unverified assumption of cash payments could not support an estimated disallowance. The 5% disallowance was therefore unsustainable and deleted. en-us Thu, 29 Jan 2026 00:00:00 +0530 Fri, 24 Jul 2026 21:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470383 Ad hoc disallowance of miscellaneous business expenditure requires a justifiable factual basis. Where expenditure was substantially paid through banking channels, applicable tax was deducted at source, and bills, vouchers, ledgers and audited financial records were furnished, an unverified assumption of cash payments could not support an estimated disallowance. The 5% disallowance was therefore unsustainable and deleted. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470383