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![Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order] Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg)
Mere Suspicion that Expenditure is for Non-Business purposes can’t be Ground for Addition: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ) has held that addition cannot made merely on the ground that the expenditure is for...



![Delay in Statutory Audit is a Reasonable Cause for late filing of Tax Audit Report: ITAT [Read Order] Delay in Statutory Audit is a Reasonable Cause for late filing of Tax Audit Report: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-Taxscan.jpg)
![Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order] Making Wrong Claim u/s 54 instead of 54F wouldn’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Wrong-Claim-ITAT-Deduction-Taxscan.jpg)
![Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order] Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Taxscan.jpg)
![Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order] Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg)
![No Tax Deductible on Dealership for Sale of SIM Cards and Mobile Recharge Coupons: ITAT [Read Order] No Tax Deductible on Dealership for Sale of SIM Cards and Mobile Recharge Coupons: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/SIM-Cards-Taxscan.jpg)
![Insignificant Decline in Gross Profit can’t be a Reason for Addition: ITAT [Read Order] Insignificant Decline in Gross Profit can’t be a Reason for Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Gross-Profit-Taxscan.jpg)
![Expenses incurred on Financial Charges allowable as Expenditure: ITAT [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)
![Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order] Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Cost-of-Acquisition.jpg)
![Income being a Share in AOP or BOIs excludable while Computing Book Profit u/s 115JB: ITAT [Read Order] Income being a Share in AOP or BOIs excludable while Computing Book Profit u/s 115JB: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Book-Profit-Taxscan.jpg)
![ITAT condones Delay of 387 Days in filing Appeal since Assessee was fighting with Chartered Accountant who filed False Returns [Read Order] ITAT condones Delay of 387 Days in filing Appeal since Assessee was fighting with Chartered Accountant who filed False Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Chartered-Accountant-ITAT-Taxscan.jpg)
![ITAT confirms Addition Since Gift received from NRI Relative through Debtor couldn’t be Proved [Read Order] ITAT confirms Addition Since Gift received from NRI Relative through Debtor couldn’t be Proved [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Gift-Tax-Taxscan-1.jpg)