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Income Tax - Highlights / Catch Notes

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Disallowance of expenditure pertaining to salary & wages, job ...


Tax Authority's Estimations Overturned Due to Lack of Evidence on Incomplete Bills and Vouchers.

June 22, 2022

Case Laws     Income Tax     AT

Disallowance of expenditure pertaining to salary & wages, job work and other expenses - Addition made on incomplete bills and vouchers - the assessing authority has disallowed the expenses purely on the basis of estimation without specifying the instances where the vouchers were found to be incomplete or missing. - Additions deleted - AT

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