https://www.taxtmi.com/caselaws?id=329299 The Tribunal directed the Assessing Officer to verify the evidence of actual services rendered by the Associated Enterprise (AE) and benchmark the transactions after ensuring the services were provided. Both the assessee and revenue's appeals were partly allowed for statistical purposes. The Tribunal emphasized the burden of proof on the assessee to demonstrate expenses were incurred for business purposes, irrespective of the financial health of the assessee. en-us Fri, 13 May 2016 00:00:00 +0530 Tue, 28 Jun 2016 18:14:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329299 The Tribunal directed the Assessing Officer to verify the evidence of actual services rendered by the Associated Enterprise (AE) and benchmark the transactions after ensuring the services were provided. Both the assessee and revenue's appeals were partly allowed for statistical purposes. The Tribunal emphasized the burden of proof on the assessee to demonstrate expenses were incurred for business purposes, irrespective of the financial health of the assessee. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329299