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Self-made vouchers, Income Tax

Issue Id: - 2696
Dated: 27-1-2011
By:- Arirama Nadar Ramakrishnan
Self-made vouchers

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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

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Showing Replies 1 to 1 of 1 Records

1 Dated: 31-1-2011
By:- 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.


1

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