Addition being @25% Travelling expenses & conveyance expenses - ...

Income Tax

December 4, 2021

Addition being @25% Travelling expenses & conveyance expenses - Such expenses are incurred for the business purpose. Since the addition is made by the Assessing Officer on estimation, the ld. CIT(A) is justified in restricting the same to 10%. - AT

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Addition being @25% Travelling expenses & conveyance expenses - ...

Income Tax

December 4, 2021

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