ITAT upheld disallowance of expenditure not proved/supported by relevant bills

Print Plus Private Limited Vs ITO (ITAT Mumbai) Brief facts is that the AO noticed from perusal of Tax Audit Report that the appellant/assessee had paid remuneration to directors amounting to Rs. 23,26,200/-. However, it was noticed that an amount of Rs.36,00,600/- was debited to Profit & Loss account instead of Rs. 23,26,200/-. On a query, the assessee explained that the difference of Rs.12,74,400/- pertained to reimbursement of expenses incurred by the directors. And in support, sample cash vouchers for Rs.2,33,900/- were filed. The AO noted that all the vouchers were signed by Mr. Desai...