No Adhoc Addition Without Identified Defects: ITAT Delhi

City Lifeline Travels Pvt. Ltd. Vs ACIT (ITAT Delhi) In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Delhi has deleted an ad-hoc disallowance under the transport and sanitization segment incurred by City Lifeline Travels Pvt. Ltd. during the Assessment Year 2014-15. The case revolved around expenses on repair and maintenance, which were classified as ad-hoc disallowances by the Assessing Officer. The case focused on the ad-hoc disallowance related to the transport and sanitization segment. The Assessing Officer had made a 20% disallowance for the repair and maintenance expenses, a...