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Income Tax - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Disallowance of administrative expenses - At the end of the ...

Income Tax

November 11, 2021

Disallowance of administrative expenses - At the end of the assessee, neither before the AO nor before the CIT(A) nor before the ITAT, it has been demonstrated that a particular amount of expenditure were incurred or sufficient for earning that tax free income. The assessee failed to submit details of investment and as to how those details/investments have been taken care of - Additions confirmed - AT

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