Disallowance of business expenditure - When appropriate evidence ...

Assessing Officer Cannot Arbitrarily Disallow Business Expenses When Adequate Evidence is Submitted.

June 20, 2016

Case Laws Income Tax HC

Disallowance of business expenditure - When appropriate evidence has been adduced, it is not in the power of the Assessing Officer to arbitrarily disallow any item of expenditure on the ground that the sums are not verifiable. - HC

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Disallowance of business expenditure - When appropriate evidence ...

Assessing Officer Cannot Arbitrarily Disallow Business Expenses When Adequate Evidence is Submitted.

June 20, 2016

Case Laws Income Tax HC

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