TMI BlogDisallowance of expenses when the business was not fully functional - - Nowhere in the order of the AO...Disallowance of expenses when the business was not fully functional - - Nowhere in the order of the AO there is a whisper as to how the expenditure is excessive and how the expenditure is not having been incurred for the purpose of business u/s 37(1) or there is a personal expenditure - AO cannot disallow expenditure on estimate basis - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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