10% Expense Addition Set Aside for Absence of Evidence-Based Findings

ACIT (Exemption) Vs Ramkrishna Seva Mandal Anand (ITAT Ahmedabad)

Ad-hoc Disallowance of Trust Expenditure Set Aside: ITAT Ahmedabad Upholds Deletion of 10% Expense Addition

The Ahmedabad Bench of the ITAT dismissed the Revenue’s appeal and upheld the order of the CIT(A) deleting an ad-hoc disallowance of ₹3.96 crore (10% of total expenses) made in the case of Shree Ramkrishna Seva MandalPlease become a Premium member. If you are already a Premium member, login here to access the full content.