Assessing Officer Wrongly Disallowed Expenses Without Proof of Inflation in Manufacturing and Trading Costs.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance on expenses on adhoc basis under manufacturing, trading and other expenses – The AO could not have made any ad-hoc disallowances without pointing out even a single instance of inflation of expenditure - AT....