Addition u/s 40A(2)(b) - AO has failed to prove that the payment ...

AO Fails to Prove Excessive Payments to Directors u/s 40A(2)(b) Due to Lack of Comparable Cases.

May 2, 2016

Case Laws Income Tax AT

Addition u/s 40A(2)(b) - AO has failed to prove that the payment made to the directors was excessive having regard to the fair market value of the said goods or services as no comparable case was brought on record to substantiate the disallowance made by the AO - AT

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Addition u/s 40A(2)(b) - AO has failed to prove that the payment ...

AO Fails to Prove Excessive Payments to Directors u/s 40A(2)(b) Due to Lack of Comparable Cases.

May 2, 2016

Case Laws Income Tax AT

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