Claim of Expense Towards Petrol and Maintenance of Car Substantiated with Corroborative Documentary Evidence: ITAT deletes Disallowance [Read Order]

Claim - Claim of Expense - Claim of Expense Towards Petrol - Claim of Expense Towards Petrol and Maintenance of Car - taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has partly upheld the appeal of Kartakeya Enterprises, a partnership firm, for the assessment year 2015-16. The ITAT found that the assessee had substantiated the claim of its expenses with documentary evidence. However, the ITAT sustained the disallowance of 50% towards petrol and maintenance expenses…

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