Business Expenses Fully Allowable When Assessee Is Active Partner & Proprietor – Disallowance Struck Down

Bharatbhai Dahyabhai Patel Vs DCIT (ITAT Ahmedabad)

No Basis for Proportionate Disallowance – Tribunal Allows Entire Business Expenditure

Assessee is a civil contractor & also a partner in multiple partnership firms. He filed return declaring income of ₹26,76,660. During the year, there was no civil contract income, but he earned remuneration, interest on capital & share of profit from partnership firms. He claimed business expenses of ₹10,83,194 against such income. The case was selected in CASS to verify “exces

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