https://www.taxtmi.com/caselaws?id=795995 Marketing expenditure supported mainly by self-made vouchers may not justify complete disallowance where it relates to ordinary client visits, entertainment, refreshments, travel and related sales activities, and audited books contain no adverse findings. The disallowance was restricted to a limited amount. Insufficient substantiation alone does not constitute misreporting of income under Section 270A(9) unless a specified statutory category, such as misrepresentation, suppression of facts, wholly unsupported expenditure or false entries, is established. As no such category was identified, penalty for misreporting was deleted. en-us Wed, 15 Jul 2026 00:00:00 +0530 Thu, 30 Jul 2026 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795995 Marketing expenditure supported mainly by self-made vouchers may not justify complete disallowance where it relates to ordinary client visits, entertainment, refreshments, travel and related sales activities, and audited books contain no adverse findings. The disallowance was restricted to a limited amount. Insufficient substantiation alone does not constitute misreporting of income under Section 270A(9) unless a specified statutory category, such as misrepresentation, suppression of facts, wholly unsupported expenditure or false entries, is established. As no such category was identified, penalty for misreporting was deleted. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795995