https://www.taxtmi.com/caselaws?id=208559 The appeal involved issues of disallowance of purchases from an associate company under section 40A(2)(a), disallowance of foreign travel expenses, and levy of interest under section 234B. The disallowance of purchases was overturned due to detailed evidence provided by the assessee, showing justifiability of the price increase. However, the disallowance of foreign travel expenses was upheld as the assessee failed to provide supporting documentation. The levy of interest under section 234B was partially allowed, with the Tribunal directing a review of calculation errors. The final decision was pronounced on 18.1.2010. en-us Mon, 18 Jan 2010 00:00:00 +0530 Fri, 20 Jan 2012 08:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208559 The appeal involved issues of disallowance of purchases from an associate company under section 40A(2)(a), disallowance of foreign travel expenses, and levy of interest under section 234B. The disallowance of purchases was overturned due to detailed evidence provided by the assessee, showing justifiability of the price increase. However, the disallowance of foreign travel expenses was upheld as the assessee failed to provide supporting documentation. The levy of interest under section 234B was partially allowed, with the Tribunal directing a review of calculation errors. The final decision was pronounced on 18.1.2010. Case-Laws Income Tax Mon, 18 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208559