Ad-hoc disallowance based on general remarks without specific allegation is unsustainable

Shashi Kant Loyalka Vs ACIT (ITAT Delhi) ITAT Delhi held that disallowance on ad-hoc basis without any specific allegation merely on the basis of general remarks and observations is unsustainable as assessee has successfully demonstrated that the expense has been incurred wholly and exclusively for the purpose of business. Facts- The assessee alleges that CIT(A) has erred in law in making adhoc disallowances under salary, conveyance and car running expenses, general expenses and staff welfare and that too without appreciating/ considering the submission of the assessee and in violation of the ...