Disproportionate increase in expenses in relation to turnover not a reason for disallowance – ITAT
September 18, 2017
Income Tax, ITAT, Judgments
Disproportionate increase in expenses in relation to turnover can not be reason in itself for making adhoc disallowance without cogent material – ITAT ABCAUS Case Law Citation: ABCAUS 2076 (2017) (09) ITAT Assessment Year : 2012-13 Brief Facts of the Case: The Petitioner assessee had claimed certain expenses. …