The Tribunal held that in a normal trade practice, it is not possible to prove 100 per cent bills and receipts from recipients and there is chance of making payments by way of self- made vouchers, and chance of inflating expenditure by way of self-made vouchers, therefore, 20 per cent disallowance of self made voucher is justified. ( AY. 2007 -08 )
Shalom Charitable Ministries of India v. ACIT (2018) 171 ITD 338/ 195 TTJ 340 /(2019) 177 DTR 22(Cochin) (Trib.)
S.37(1) : Business expenditure – Self made vouchers- Disallowance of 20% amount towards self made vouchers is justified.