Disallowance of expenses when the business was not fully ...

Disallowance of Business Expenses Without Proper Justification u/s 37(1) of the Income Tax Act Challenged.

January 18, 2018

Case Laws Income Tax AT

Disallowance of expenses when the business was not fully functional - - Nowhere in the order of the AO there is a whisper as to how the expenditure is excessive and how the expenditure is not having been incurred for the purpose of business u/s 37(1) or there is a personal expenditure - AO cannot disallow expenditure on estimate basis - AT

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Disallowance of expenses when the business was not fully ...

Disallowance of Business Expenses Without Proper Justification u/s 37(1) of the Income Tax Act Challenged.

January 18, 2018

Case Laws Income Tax AT

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