Disallowance of CWC-NSEZ expenses and freight and forwarding ...

CWC-NSEZ and freight expenses cannot be disallowed based on estimates; specific defects must be identified.

November 10, 2016

Case Laws Income Tax AT

Disallowance of CWC-NSEZ expenses and freight and forwarding expenses - no disallowance can be made merely on the estimate or ad-hoc basis, without pointing out any specific defects in the books of accounts or vouchers. - AT

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Disallowance of CWC-NSEZ expenses and freight and forwarding ...

CWC-NSEZ and freight expenses cannot be disallowed based on estimates; specific defects must be identified.

November 10, 2016

Case Laws Income Tax AT

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