https://www.taxtmi.com/caselaws?id=12086 Payments to a firm in which the assessee-company's director, directors' spouses and another director's son were partners fell within the related-party category under section 40A(2)(b) of the Income-tax Act, so the provision applied to scrutinise the expenditure. The transport-charge disallowance was upheld on facts because the authorities found that the increase was not fully supported by the value of services rendered; a reduced disallowance for one year was also sustained after considering higher diesel, oil and other costs. The additions under section 40A(2)(b) were confirmed and the assessee received no relief on either issue. en-us Thu, 05 Sep 2002 00:00:00 +0530 Thu, 13 Aug 2015 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12086 Payments to a firm in which the assessee-company's director, directors' spouses and another director's son were partners fell within the related-party category under section 40A(2)(b) of the Income-tax Act, so the provision applied to scrutinise the expenditure. The transport-charge disallowance was upheld on facts because the authorities found that the increase was not fully supported by the value of services rendered; a reduced disallowance for one year was also sustained after considering higher diesel, oil and other costs. The additions under section 40A(2)(b) were confirmed and the assessee received no relief on either issue. Case-Laws Income Tax Thu, 05 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12086