Dealer Trip Expenses Accrued & Supported by Evidence; Disallowance Deleted by ITAT Nagpur

Vijaykumar Rooplalji Jaiswal Vs ACIT (ITAT Nagpur) The assessee appealed an order of the CIT(A)/NFAC relating to the assessment for the A.Y. 2014–15 under sections 143(3) and 250 of the Income-tax Act. The primary dispute concerns the addition of ₹16,22,425 on account of promotional expenses incurred under a dealer scheme in the liquor business. Additional grounds pertain to disallowance of bottle cap commission and levy of interest under sections 234A, 234B, and 234C. At the hearing, the assessee sought condonation of delay in filing the appeal, supported by an affidavit stating that the ...