ITAT Holds Ad Hoc Disallowance of Purchases and Expenses Without Evidence As Unsustainable:
The ITAT Rules that estimated disallowance cannot be made without identifying defective or bogus transactions.
ITAT Deletes Rs 43.03 Lakh Addition
Saima
Jul 29, 2026
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ITAT Holds Ad Hoc Disallowance of Purchases and Expenses Without Evidence As Unsustainable
The ITAT Rules that estimated disallowance cannot be made without identifying defective or bogus transactions.
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About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
554My Recent Articles
- High Court Quashes Income Tax Demand Against Contractual Worker Over Misuse of PAN
- ITAT Deletes Rs 2.06 Crore Addition Under Section 68 for Unsecured Loans
- ITAT Holds Section 263 Revision Invalid on Taxability of Interest Under Section 28 of Land Acquisition Act
- ITAT Upholds Section 68 Addition for Bogus Loans But Restricts Estimated Profit to 2% of Sales
- High Court Strikes Down Retrospective Section 147A of Income Tax Act
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