Income Tax Officer Versus Shri Suhas G. Rahulkar - Income Tax - ITAT MUMBAI - Tri - Onus on whom to substantiate an expense - Best judgment assessment u/s 144 of the Income tax Act Disallowance of expenditure on estimate basis Held that - CIT(A) was not justified in holding that the burden was on the A.O. to bring on record some positive adverse material to show that the expenses claimed by the assessee to the extent of 20 percent were not genuine so as to justify the disallowance of such expenses ................................... Income Tax - Case Laws
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