https://www.taxtmi.com/caselaws?id=470382 Ad hoc disallowance of business expenses under Section 37(1) is not sustainable where the books of account remain accepted, no defects are identified in audited records or supporting material, and no enquiry establishes that the expenditure is non-genuine. Where expenses are connected with the business and have been consistently claimed in earlier years, unsupported estimation-based adjustments should be deleted. The stated analysis concludes that the business-expense disallowance was unsustainable. en-us Mon, 18 Aug 2025 00:00:00 +0530 Fri, 24 Jul 2026 21:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470382 Ad hoc disallowance of business expenses under Section 37(1) is not sustainable where the books of account remain accepted, no defects are identified in audited records or supporting material, and no enquiry establishes that the expenditure is non-genuine. Where expenses are connected with the business and have been consistently claimed in earlier years, unsupported estimation-based adjustments should be deleted. The stated analysis concludes that the business-expense disallowance was unsustainable. Case-Laws Income Tax Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470382