Held that disallowance cannot be made merely on the ground that the it was supported by self made vouchers. Ad hoc disallowance of 10 per cent expenses without pointing out specific instances of unverifiable element is held to be not sustainable. Relied Ravi Marketing Pvt. Ltd. v. CIT (2006) 280 ITR 519 (Cal.)(HC), (AY.2011-12)
Bajaj Parivahan P. Ltd. v. ITO (2021) 87 ITR 74 (SMC)(SN) (Kol.)(Trib.)
S. 37(1) : Business expenditure-Debit of claim charges-Self made vouchers-No disallowance can be made-Ad hoc disallowance of 10 per cent-Not sustainable [S. 145]