Held that the assessee had failed to prove that expenditure incurred by it on account of repair and maintenance was a genuine claim, therefore, impugned 5 per cent disallowance of such expenses made by Assessing Officer was justified. (AY. 2010-11)
Universal Stone Crushing Co. Dala. v. ITO (2021) 190 ITD 415 (SMC) (All.)(Trib.)
S. 37(1) : Business expenditure-Plant repair and maintenance expenses-Failure to produce supporting documents-5% of disallowance was held to be proper.