Disallowance made by AO on ground of Utilisation of Expenses for Non Business Purposes : ITAT Directs Re-adjudication [Read Order]

By Shabna Rahim - On June 26, 2023 6:00 am - 2 mins read
Disallowance - Income Tax - AO - Utilisation of Expenses - Utilisation - Expenses - Non Business Purposes - ITAT Directs Re-adjudication - ITAT - Re-adjudication - taxscan

The Indore bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the disallowance made on the ground of utilization of expenses for personal use or nonbusiness purposes.  Manish Kumar, the appellant assessee appealed against the order passed by the Commissioner of Income Tax (Appeals) for confirming the disallowance and addition…

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