https://www.taxtmi.com/caselaws?id=359869 The ITAT allowed the appeal, overturning the decisions of the lower authorities regarding the disallowance under Section 40A(3) of the Income Tax Act. Despite the lack of definitive proof of the agency relationship, the ITAT ruled in favor of the appellant due to the Assessing Officer's failure to adequately investigate the relationship. The appellant's registration under West Bengal VAT as an agency business and the invoice indicating sales through SMS Auto supported the claim of acting as an agent, leading to the reversal of the disallowance. en-us Thu, 03 May 2018 00:00:00 +0530 Sat, 05 May 2018 08:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359869 The ITAT allowed the appeal, overturning the decisions of the lower authorities regarding the disallowance under Section 40A(3) of the Income Tax Act. Despite the lack of definitive proof of the agency relationship, the ITAT ruled in favor of the appellant due to the Assessing Officer's failure to adequately investigate the relationship. The appellant's registration under West Bengal VAT as an agency business and the invoice indicating sales through SMS Auto supported the claim of acting as an agent, leading to the reversal of the disallowance. Case-Laws Income Tax Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359869