https://www.taxtmi.com/caselaws?id=367039 The Tribunal partially allowed the appeal against the disallowance of expenses under section 143(3) of the Income Tax Act 1961 for the assessment year 2008-09. It directed the Assessing Officer to restrict the disallowance to 10% of the sub-contract charges paid to the subcontractor. The decision emphasized the importance of substantiating expenses and providing necessary documentation to support claims, highlighting the significance of evidence in tax assessments and the burden of proof on parties to justify expenses claimed under the Act. en-us Wed, 08 Aug 2018 00:00:00 +0530 Fri, 14 Sep 2018 07:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367039 The Tribunal partially allowed the appeal against the disallowance of expenses under section 143(3) of the Income Tax Act 1961 for the assessment year 2008-09. It directed the Assessing Officer to restrict the disallowance to 10% of the sub-contract charges paid to the subcontractor. The decision emphasized the importance of substantiating expenses and providing necessary documentation to support claims, highlighting the significance of evidence in tax assessments and the burden of proof on parties to justify expenses claimed under the Act. Case-Laws Income Tax Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367039