Income Tax - Disallowance of expenses - Tribunal has observed that the AO...

Income Tax

Disallowance of expenses - Tribunal has observed that the AO has disallowed 25% of the expenses claimed under the heads consumables, power/fuel, packing, freight, miscellaneous, telephone, conveyance, travelling etc. as no vouchers were produced for expenditure claimed - Tribunal has rightly dismissed the appeal(s) of the assessee - HC

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