ITAT, Delhi: Petty Expenses Cannot be Disallowed on Ad-Hoc Basis in Corporate Entity - 12.01.2022

Income Tax Appellate Tribunal (ITAT), Delhi has held that the petty expenses relating to telephone expenses, advertisement expenses cannot be disallowed on ad-hoc basis in case of a corporate entity.

Tags : Income Tax Appellate Tribunal Petty Expenses

Share :