https://www.taxtmi.com/caselaws?id=221024 The Tribunal allowed the appeal filed by the assessee, reversing the CIT(A)'s orders on all grounds. The Tribunal emphasized the need for the AO to demonstrate the fair market value and reasonableness of payments before making disallowances under section 40A(2)(b) and upheld the assessee's entitlement to full TDS credit as per the income offered for taxation. en-us Fri, 11 Jan 2013 00:00:00 +0530 Thu, 31 Mar 2016 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221024 The Tribunal allowed the appeal filed by the assessee, reversing the CIT(A)'s orders on all grounds. The Tribunal emphasized the need for the AO to demonstrate the fair market value and reasonableness of payments before making disallowances under section 40A(2)(b) and upheld the assessee's entitlement to full TDS credit as per the income offered for taxation. Case-Laws Income Tax Fri, 11 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221024