Tag: ad-hoc disallowance

Disallowance on ad-hoc basis not justified without pointing out specific expenses being not incurred wholly and exclusively for business  In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining ad-hoc disallowance of 1/5th of the amount of expenditure incurred on account of …

No ad hoc disallowance without pointing out any deficiency in the books of account or vouchers. ITAT deletes the addition ABCAUS Case Law Citation: ABCAUS 2508 (2018) 09 ITAT Important Case Laws Cited/relied upon by the parties: Commissioner of Excess Profits Tax vs. S.R.V.G. Press Co. 42 ITR …

Ad hoc disallowance of expenses for personal use of vehicle telephone deleted as AO did not bring any finding of fact against the assessee on record-ITAT ABCAUS Case Law Citation: ABCAUS 2413 (2018) 07 ITAT The instant appeal was filed by the assessee against the order passed by …