https://www.taxtmi.com/caselaws?id=217221 The ITAT partially allowed the assessee's appeal by directing the AO to verify the nature of payments disallowed under section 40(a)(ia) and deleting the disallowance of depreciation on the vehicle. However, the ITAT upheld the disallowance of labor charges and certain expenses under various heads. Additionally, the ITAT upheld the addition under section 41(1) of the Act, noting the liabilities were not required to be paid in the current year. The ITAT canceled the rectification order passed by the CIT(A) under section 154, allowing the Revenue's appeal. en-us Tue, 31 Jul 2012 00:00:00 +0530 Fri, 05 Oct 2012 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217221 The ITAT partially allowed the assessee's appeal by directing the AO to verify the nature of payments disallowed under section 40(a)(ia) and deleting the disallowance of depreciation on the vehicle. However, the ITAT upheld the disallowance of labor charges and certain expenses under various heads. Additionally, the ITAT upheld the addition under section 41(1) of the Act, noting the liabilities were not required to be paid in the current year. The ITAT canceled the rectification order passed by the CIT(A) under section 154, allowing the Revenue's appeal. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217221