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Income Tax - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

If certain expenditures, on day to day basis for running the ...


Distributorship and employee network expenses must not face arbitrary 30% disallowance due to voucher format issues.

January 13, 2024

Case Laws     Income Tax     AT

If certain expenditures, on day to day basis for running the distributorship and employees network were not in proper vouchers formats or signed, that alone cannot be a justification for disallowance on ad hoc basis to extent of 30%. - AT

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