https://www.taxtmi.com/caselaws?id=55946 The Tribunal upheld the CIT(A)'s deletions of disallowances made by the ITO regarding loss, commission, and vehicle expenses. The disallowance of Rs. 2,50,000 as loss was deleted due to past acceptance of similar losses in the business, supported by reliable monthly returns. The Rs. 10,000 commission disallowance was overturned as the rate had remained consistent since 1974, and no past disallowances existed. Additionally, the Rs. 20,000 vehicle expenses disallowance was removed as the expenses were deemed revenue in nature, supported by maintenance and spare part costs. en-us Wed, 15 Nov 1989 00:00:00 +0530 Tue, 30 Nov 2010 17:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55946 The Tribunal upheld the CIT(A)'s deletions of disallowances made by the ITO regarding loss, commission, and vehicle expenses. The disallowance of Rs. 2,50,000 as loss was deleted due to past acceptance of similar losses in the business, supported by reliable monthly returns. The Rs. 10,000 commission disallowance was overturned as the rate had remained consistent since 1974, and no past disallowances existed. Additionally, the Rs. 20,000 vehicle expenses disallowance was removed as the expenses were deemed revenue in nature, supported by maintenance and spare part costs. Case-Laws Income Tax Wed, 15 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55946