LAXMINARAYAN TRANSPORT,JAJPUR ROAD, JAJPUR vs. ACIT, CIRCLE-1(1) CUTTACK, CUTTACK

In the result, appeal of the assessee stands partly allowed

Bench: Before Shri George Mathan, Judicialassessment Year : 2015-16

section 80G but claiming under the head “business expenses”. It is well known fact that a prudent business man has to incur such miscellaneous expenses in the course of his business for the purpose of furtherance of his business activities. Considering the present case as also the necessity, which has been explained by the assessee, the disallowance