https://www.taxtmi.com/caselaws?id=340167 The Tribunal allowed the appeal for statistical purposes, remitting the issue of disallowance under Section 40(a)(ia) back to the AO for verification following the precedent set by the Hon'ble Delhi HC. The ad-hoc addition of 5% of delivery charges was deleted as the AO failed to point out specific defects. Other issues regarding violation of natural justice, incorrect interest computation under Section 234B, and credit for prepaid taxes were not specifically addressed in the Tribunal's decision. The order was pronounced on 22/02/2017. en-us Wed, 22 Feb 2017 00:00:00 +0530 Fri, 17 Mar 2017 11:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340167 The Tribunal allowed the appeal for statistical purposes, remitting the issue of disallowance under Section 40(a)(ia) back to the AO for verification following the precedent set by the Hon'ble Delhi HC. The ad-hoc addition of 5% of delivery charges was deleted as the AO failed to point out specific defects. Other issues regarding violation of natural justice, incorrect interest computation under Section 234B, and credit for prepaid taxes were not specifically addressed in the Tribunal's decision. The order was pronounced on 22/02/2017. Case-Laws Income Tax Wed, 22 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340167