Adhoc expense disallowance without rejecting books of accounts not justified

Danayya Shavaputrayya Math D S Math Vs ACIT (ITAT Bangalore)

In the case of Danayya Shavaputrayya Math D S Math Vs ACIT, the Bangalore Bench of the ITAT ruled that the adhoc disallowance of expenses without rejecting the assessee’s books of accounts is unjustified. This decision was based on the jurisdictional Karnataka High Court’s precedent in CIT Vs. Konkan Marine Agencies and a prior ITAT order in Hassan Hajee & Company. The case involved the disallowance of ₹1,30,98,709, equating to 25% of the claimed expenses, during the 2014-15 assessment year. The assessee, a

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