https://www.taxtmi.com/caselaws?id=331662 The Tribunal upheld the CIT(A)'s decision to delete the disallowance made by the Assessing Officer under Section 40(a)(ia) of the Income Tax Act, 1961, as there was no evidence of a contract with the dumper owners/drivers. The Tribunal also supported the deletion of the addition made by the AO regarding the taxation of trade credits, finding the AO's actions unsupported and contradictory. Consequently, the revenue's appeal was dismissed in its entirety. en-us Wed, 20 Jul 2016 00:00:00 +0530 Tue, 30 Aug 2016 10:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331662 The Tribunal upheld the CIT(A)'s decision to delete the disallowance made by the Assessing Officer under Section 40(a)(ia) of the Income Tax Act, 1961, as there was no evidence of a contract with the dumper owners/drivers. The Tribunal also supported the deletion of the addition made by the AO regarding the taxation of trade credits, finding the AO's actions unsupported and contradictory. Consequently, the revenue's appeal was dismissed in its entirety. Case-Laws Income Tax Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331662