Non-production of complete Bills and Vouchers: ITAT directs AO to limit Disallowance Percentages for Aggregate Expenditure, Conveyance Charges, office Maintenance, Sunday and Business Promotion Expenses

ITAT has instructed the Assessing Officer (AO) to restrict the disallowance percentages for aggregate expenditure, conveyance charges, office maintenance, Sunday, and business promotion expenses due to the non-production of complete bills and vouchers
Non production of complete bills - bills - bills and vouchers - ITAT - AO - aggregate expenditure - office maintenance - taxscan Sunday and business promotion expenses

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has instructed the Assessing Officer (AO) to restrict the disallowance percentages for aggregate expenditure, conveyance charges, office maintenance, Sunday, and business promotion expenses due to the non-production of complete bills and vouchers. The assessee had appealed to the Commissioner of Income Tax (Appeals) [CIT(A)], presenting…

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