https://www.taxtmi.com/caselaws?id=191420 In an ITAT Mumbai decision, the Tribunal dealt with additions under section 40(a)(ia) relating to reimbursement of expenses and with an addition for forfeited money. It noted that the assessee's predecessor had raised similar issues on comparable facts and that deletion of those additions had already been upheld in the sister concern's case. As the Revenue accepted that the factual matrix was materially similar, the Tribunal followed the earlier precedent and upheld deletion of both additions, leaving the Revenue's challenge unsuccessful. en-us Fri, 10 May 2013 00:00:00 +0530 Mon, 03 Apr 2017 10:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191420 In an ITAT Mumbai decision, the Tribunal dealt with additions under section 40(a)(ia) relating to reimbursement of expenses and with an addition for forfeited money. It noted that the assessee's predecessor had raised similar issues on comparable facts and that deletion of those additions had already been upheld in the sister concern's case. As the Revenue accepted that the factual matrix was materially similar, the Tribunal followed the earlier precedent and upheld deletion of both additions, leaving the Revenue's challenge unsuccessful. Case-Laws Income Tax Fri, 10 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191420