Expenses were made in cash and were not supported with third ...

Taxpayer's Cash Expenses Lacked Evidence, 5% Disallowance Upheld by Commissioner of Income Tax (Appeals.

September 30, 2016

Case Laws Income Tax AT

Expenses were made in cash and were not supported with third parties evidence and many vouchers were self made - CIT(A) has restricted the disallowance to the extent of 5% of the expenses claimed by the assessee which is quite reasonable - AT

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Expenses were made in cash and were not supported with third ...

Taxpayer's Cash Expenses Lacked Evidence, 5% Disallowance Upheld by Commissioner of Income Tax (Appeals.

September 30, 2016

Case Laws Income Tax AT

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