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Ad hoc disallowance without rejection of books of account is not sustainable
Case Law Details
- Case Name
- Pioneer Himudyog P. Ltd. Vs Assistant Commissioner of Income-tax (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-12
- Courts
- All ITAT, ITAT Kolkata
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Expenses incurred by the assessee on subscription and donation of Rs.10,747/- is incidental to assessee’s business and are allowable as business expenditure
3. The brief facts of the case are that the AO was of the opinion that the expenses claimed by the assessee under the head “Donation & Subscription” was not supported by any receipt or 80G certificate, therefore, he disallowed the entire expenses claimed on that behalf. According to the assessee, the expenses incurred under the head “Donation & Subscription” comprised of subscription to different organiza...
