Disallowance without any cogent reasoning or working not sustainable

PCIT Vs Utech Developers Ltd. (Delhi High Court)

Addition by  assessing officer without  providing any cogent reasoning or working, based on which such disallowances were made are not sustainable.

Appellant states that the ITAT has erred in deleting the additions made by the Assessing Officer on account of disallowance of travel expenses without considering that the assessee had failed to explain the purpose of the journey and that it was ‘wholly and exclusively’ for

Please become a Premium member. If you are already a Premium member, login here to access the full content.