Expense cannot be disallowed for mere absence of voucher

Advertisement M/s Maheshwari Flour Mills Vs. JCIT (ITAT Lucknow) Business of the assessee is trading in food grains and producing Maida which is supplied to various biscuit manufacturers. It is common in factory set up that certain repairs and maintenance work are conducted for which vouching is not always possible. These expenses relate to the fundamentals of the assessee’s business and just because they were not vouched, there cannot be any addition. The practical aspects involved in relation to the type of business of the assessee, who is also a tax payer, should be taken into conside...