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Income Tax - Highlights / Catch Notes

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Disallowance u/s 37 (1) on account of 'job charges' - onus to ...

Case Laws     Income Tax

October 18, 2021

Disallowance u/s 37 (1) on account of 'job charges' - onus to prove - Disallowance of 10% of the expenses - Having accepted the books of accounts, disallowing 10% of the expenses in general without bringing on record as to what and which of the expenses were not allowable. - CIT(A) rightly deleted the additions - AT

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