Repair expenditure disallowed as allegation not negated by assessee

A. Vijayakant Vs ACIT (ITAT Chennai)

Held that repair expenditure of propaganda van, a gifted vehicle, was alleged to be met by the donor. The onus was on assessee to negate the allegation of revenue. However, no such onus was discharged. Disallowance of expenditure justified.

Facts-

Wealth tax-

The assessee was confronted with the fact that the assessee had returned entire property as

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