32 results for “disallowance”+ Section 80clear
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In the result appeal filed by assessee in ITA No
Bench: Shri Vijay Pal Rao & Shri Ramit Kochar
80,855.00 as maintained by the Commissioner of Income Tax (Appeals) as per Para 11.2 of his order is wrong and incorrect because in the income tax act there is no provision to disallow the expenses on percentage basis, when the expenditure as claimed are vouched and incurred in normal cause of business hence the disallowance as maintained is unwarranted