Authorities Disallow 20% of Legal Fees Without Justification; Payments to Related Party Remain Unexamined.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance of 20% of Legal & Professional Fees paid - authorities have not identified, if the payments made to related party is unreasonable - Legal & Professional Fees is only 2.02% of the sales. No justification in partial disallowance of Legal and Professional Expenses - AT....
TaxTMI