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2022 (4) TMI 455 - AT - Income TaxDisallowance of expenditure on account of Final Settlement Expenses - AO ad hoc basis disallowed 20% of deduction of expense - Onus proving the allowability of its claim for deduction of the expenditure - HELD THAT:- We find no infirmity in the view taken by the lower authorities. In our considered view, as the assessee had failed to substantiate the nature of the aforesaid expenditure which was claimed by him as a deduction therefore, the lower authorities had in all fairness disallowed 20% of the said amount. We, thus, concur with the view taken by lower authorities as regards the aforesaid issue - Decided against assessee. Disallowing on an ad-hoc basis 20% of its claim for deduction of Telephone expenses and Car expenses - HELD THAT:- As the lower authorities have rightly observed that the personal element qua incurring of the aforesaid expenses could not be ruled out, therefore, a part of the same was liable to be disallowed on the said count. Considering the reasonableness of the disallowance i.e. 20% of the respective expenses, we find no reason to interfere with the view taken by the lower authorities. - Decided against assessee.
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