S. 14A: Disallowance off expense – Exempt money – Onus toward money to prove one to disallowance was incorrect – In place of exploring the levels disallowance is not warranted [R.8D]
Courtroom kept that onus for the revenue to show you to definitely disallowance is actually incorrect and you may in place of exploring the accounts disallowance isn’t justified (AY.2007-08, 2008-09)
S. 14A : Disallowance off expense – Exempt earnings – Enhancement out of disallowance try kept to-be perhaps not valid [Roentgen.8D]