Self-made vouchers

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..... Self-made vouchers
Query (Issue) Started By: - Arirama Nadar Ramakrishnan Dated:- 27-1-2011 Last Reply Date:- 31-1-2011 Income Tax
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Income Tax
My assessee is a transporter oper .....

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..... ater and he had many of self-made vouchers for petty expenses by nature. But the AO has disallowed 10 % of expenses for Rs. 9,20,000/- and it was added to his return of income. Now the query is wheth .....

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..... er any person claim the expenses with self-made vourchers by its nature or not? Please advise us with case law reference, since we preferred to go for an appeal. By A. Ramakrishnan, Chennai - arkaych .....

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..... [email protected] Reply By GOPALJI AGRAWAL: The Reply: It is not the matter of self made vouchers or outside bill. It would depend on the nature of the expenses and the substance of the transaction. .....

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Discussion Forum - Knowledge Sharing .....

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