Even idle business needs guards – Tribunal permits security expense though no turnover

SNW Smith Consultant Private Limited Vs DCIT (ITAT Delhi) Even idle business needs guards – Tribunal permits security expense though no turnover- ITAT Delhi allows security-service expense in full & restricts lawyer’s-fee disallowance to 50% — even dormant business must bear essential costs This appeal arose from the order of CIT(A), confirming disallowances of ₹10 lakh (legal fees) & ₹8.66 lakh (security charges) made by AO on the ground that Assessee had no business income during A.Y. 2018-19. The case was a second-round proceeding after ITAT’s earlier remand in ITA No. 1...