Disallowance u/s 40A(2)(b) - AO was not justified in adopting ...

Court Rules Disallowance u/s 40A(2)(b) Unjustified; Relationships Alone Insufficient for Payment Rejection Without Evidence.

January 17, 2014

Case Laws Income Tax HC

Disallowance u/s 40A(2)(b) - AO was not justified in adopting disallowance to the extent of 10% payment under Section 40A(2)(b) of the Act solely on the ground that the company to whom the payment was made, was run by the wife of the Director of the assessee company - HC

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Disallowance u/s 40A(2)(b) - AO was not justified in adopting ...

Court Rules Disallowance u/s 40A(2)(b) Unjustified; Relationships Alone Insufficient for Payment Rejection Without Evidence.

January 17, 2014

Case Laws Income Tax HC

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