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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Ad–hoc disallowance made out of conveyance expenses - assessee ...


Ad-hoc disallowance on conveyance expenses overturned as reasonable and not excessive based on turnover evidence.

April 13, 2020

Case Laws     Income Tax     AT

Ad–hoc disallowance made out of conveyance expenses - assessee has produced some evidences to support the claim of expenditure - considering the turnover shown by the assessee, the expenditure claimed cannot be considered to be either unreasonable or excessive. - AT

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