Addition u/s 40A(2) - unreasonable professional fees to spouse - ...

Disallowance of Spouse's Professional Fees u/s 40A(2) Deemed Incorrect Due to Lack of Examination and Evidence.

August 28, 2021

Case Laws Income Tax AT

Addition u/s 40A(2) - unreasonable professional fees to spouse - AO has not examined any details and has not given any valid reason and no comparable was brought on record and simply rejected the submissions made by the assessee. Therefore, we are of the opinion that the disallowance made by the Assessing Officer under section 40A(2) of the Act is not correct. - AT

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Addition u/s 40A(2) - unreasonable professional fees to spouse - ...

Disallowance of Spouse's Professional Fees u/s 40A(2) Deemed Incorrect Due to Lack of Examination and Evidence.

August 28, 2021

Case Laws Income Tax AT

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