https://www.taxtmi.com/caselaws?id=470862 Annual membership and subscription expenditure could not be disallowed during return processing merely because of an inadvertent mismatch in the tax audit report. The expenditure was certified as wholly and exclusively incurred for business, not capital or personal, and was supported by expense-wise particulars, invoices and bills. Determining its nature and business nexus required examination of evidence, which the limited processing mechanism under section 143(1) could not mechanically replace. The disallowance was therefore unjustified and deleted. en-us Wed, 26 Mar 2025 00:00:00 +0530 Tue, 11 Aug 2026 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470862 Annual membership and subscription expenditure could not be disallowed during return processing merely because of an inadvertent mismatch in the tax audit report. The expenditure was certified as wholly and exclusively incurred for business, not capital or personal, and was supported by expense-wise particulars, invoices and bills. Determining its nature and business nexus required examination of evidence, which the limited processing mechanism under section 143(1) could not mechanically replace. The disallowance was therefore unjustified and deleted. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470862