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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Disallowance of expenses - The only ground on which the AO has ...


Assessing Officer's Expense Disallowance Overturned; Inspection Timing Argument Accepted, Expenditure Allowed.

July 29, 2015

Case Laws     Income Tax     AT

Disallowance of expenses - The only ground on which the AO has disallowed is that at the time of inspection, very few of the employees of the contractor were present at the premises. The contention of the assessee that the time of inspection was 6 PM is not rebutted by the department - expenditure allowed - AT

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