Disallowance of Personal Expenditure - It is well settled law ...

Case Laws Income Tax

October 23, 2020

Disallowance of Personal Expenditure - It is well settled law that ad hoc addition cannot be sustained unless AO has pointed out any specific item in which personal element is involved. There was thus, no justification to make any disallowance out of these expenditures. - AT

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Disallowance of Personal Expenditure - It is well settled law ...

Case Laws Income Tax

October 23, 2020

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