https://www.taxtmi.com/caselaws?id=2244 The High Court upheld the Tribunal's decision, dismissing the appeal due to the lack of merit in the contentions raised by the assessee and the absence of evidence supporting the deductions claimed for payments made to sister concerns. The Tribunal emphasized the burden of proof on the assessee to establish business expenses and found no evidence of services rendered or trade practices to support the deductions, leading to the rejection of the plea for deductions under Section 40A(2)(a) of the Income Tax Act. en-us Tue, 13 Mar 2007 00:00:00 +0530 Fri, 01 Aug 2008 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2244 The High Court upheld the Tribunal's decision, dismissing the appeal due to the lack of merit in the contentions raised by the assessee and the absence of evidence supporting the deductions claimed for payments made to sister concerns. The Tribunal emphasized the burden of proof on the assessee to establish business expenses and found no evidence of services rendered or trade practices to support the deductions, leading to the rejection of the plea for deductions under Section 40A(2)(a) of the Income Tax Act. Case-Laws Income Tax Tue, 13 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2244