Self-made vouchers, Income Tax

[Arirama Nadar Ramakrishnan]

My assessee is a transporter operater and he had many of self-made vouchers for petty expenses by nature. But the AO has disallowed 10 % of expenses for Rs. 9,20,000/- and it was added to his return of income.

Now the query is whether any person claim the expenses with self-made vourchers by its nature or not? Please advise us with case law reference, since we preferred to go for an appeal.

By A. Ramakrishnan, Chennai - arkaychennai@yahoo.co.in

Posts / Replies

[GOPALJI AGRAWAL]

It is not the matter of self made vouchers or outside bill. It would depend on the nature of the expenses and the substance of the transaction.