![Expenses vouched and Verified incompletely will invalidate the Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Expenses-verified-incompletely-ITAT-invalidate-addition-Taxscan.jpg "Expenses vouched and Verified incompletely will invalidate the Addition: ITAT [Read Order]")
Expenses vouched and Verified incompletely will invalidate the Addition: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar bench has held that expenses vouched and verified incompletely will invalidate the addition to the...
![Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-disallowance-goods-transport-business-veracity-of-expenses-Taxscan.jpeg "Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]")
![Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Gifts-Freebies-Doctors-Legally-Prohibited-ITAT-Disallowance-Expenses-Pharma-Company-Taxscan.jpeg "Gifts & Freebies to Doctors are Legally Prohibited: ITAT upholds Disallowance of Expenses to Pharma Company [Read Order]")
![Reimbursement of Expenses can’t be treated as Income, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/No-TDS-Reimbursement-of-Expenses-Income-TDS-ITAT-Taxscan.jpg "Reimbursement of Expenses can’t be treated as Income, No TDS: ITAT [Read Order]")
Amount Pooled by Clubs to Meet Expenses other than Administrative Expenses liable to GST: AAR [Read Order]
The Maharashtra Bench of the Authority of Advance Ruling ( AAR ) in an application filed by Rotary Club of Mumbai Western Elite held that only membership fees received from members of the club shall...
![Amount Pooled by Clubs to Meet Expenses other than Administrative Expenses liable to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/Administrative-Expenses-Taxscan.jpg "Amount Pooled by Clubs to Meet Expenses other than Administrative Expenses liable to GST: AAR [Read Order]")
Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that the income tax department cannot insist the assessee to produce vouchers for agricultural produces traded in the local markets. ...
![Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Agricultural-Produces-ITAT-Taxscan.jpg "Dept can’t insist to produce Vouchers for Agricultural Produces traded in Local Markets: ITAT allows Expenses [Read Order]")
![Expenses incurred on Financial Charges allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Personal-Expenses-Taxscan.jpg "Expenses incurred on Financial Charges allowable as Expenditure: ITAT [Read Order]")
Reimbursement of Expenses to C&F Agents for achieving Targets not subject to TDS: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has ruled that the provisions relating to tax deduction at source (TDS) cannot be applicable to reimbursement of expenses to C&F Agents for...
![Reimbursement of Expenses to C&F Agents for achieving Targets not subject to TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Reimbursement-TDS-Taxscan.jpg "Reimbursement of Expenses to C&F Agents for achieving Targets not subject to TDS: ITAT [Read Order]")
No Addition where ‘Volume’ used as the Allocation Key for Expenses directly Proportional to the Volume of Shipments Handled: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of M/s Aramex India Pvt. Ltd. v. DCIT held that income cannot be added on the basis that ‘volume’ was used as the allocation...
![No Addition where ‘Volume’ used as the Allocation Key for Expenses directly Proportional to the Volume of Shipments Handled: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Expenses-ITAT-Taxscan.jpg "No Addition where ‘Volume’ used as the Allocation Key for Expenses directly Proportional to the Volume of Shipments Handled: ITAT [Read Order]")
Expenses Incurred to keep the Status of Company Active is Eligible for Deduction: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal recently proclaimed that expenses incurred in order to keep the status of company activities are eligible for deduction. The Tribunal bench comprising...
Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]
While hearing the case of M/s MKJ Tradex Ltd, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that advertisement expenses incurred for publishing the achievement of Managing...
![Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Expenditure-Taxscan.jpg "Expenses incurred by Company for Advertising Achievement of its Managing Director is Business Expenditure: ITAT [Read Order]")