2017 (9) TMI 1162

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..... nsistent over the years. The ITAT was of the view that, without rejecting the accounts of the Assessee, making an addition merely on the basis of fall of the net profit ratio was not warranted. The view of the ITAT does not suffer from any infirmity. No substantial question of law arises. Disallowance u/s 40(a)(ia) - reimbursement of expenses paid to the employees/vendors on behalf of the Asses .....

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..... as well. Revenue appeal dismissed. - ITA No. 190/2017 - - - Dated:- 11-9-2017 - S. Muralidhar And Prathiba M. Singh, JJ. For the Appellant : Mr. Rahul Chaudhary, Senior Standing Counsel with Mr. Sanjay Kumar, Junior Standing Counsel For the Respondent : Mr. Salil Kapoor Mr. Sumit Lalchandani, Advocates. ORDER 1. The Revenue is in appeal against an order dated 17th Augus .....

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..... oes not suffer from any infirmity. It is a plausible view to take in the facts of the case. No substantial question of law arises. 3. The second and third questions pertain to the disallowance under Section 40 (a) (ia) of the Income Tax Act, 1961 ( Act ). The question concerns reimbursement of expenses paid to the employees/vendors on behalf of the Assessee in the sum of ₹ 1,20,49,546/-. .....

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