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The Tax PublishersITA No. 337/CTK/2016 2020 TaxPub(DT) 3910 (Ctk-Trib)INCOME TAX ACT, 1961
Section 37(1)
It had been clarified that on what basis/object gardening and cultural expenses had been incurred, nor any narration had been quoted for said expenses. In view of this, ad hoc disallowance at the rate of 10% of expenses was justified.
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Business expenditure - Ad hoc disallowance of 10% of gardening and cultural expenses - -
Assessee claimed deduction of gardening and cultural expenses. AO disallowed 10% thereof. Assessee challenged this. Held: Neither, it had been clarified that on what basis/object gardening and cultural expenses had been incurred, nor any narration had been quoted for said expenses. In view of this, ad hoc disallowance at the rate of 10% of expenses was justified.
REFERRED :
FAVOUR : Against the assessee.
A.Y. : 2011-12
INCOME TAX ACT, 1961
Section 36(1)(va) Section 43B
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