https://www.taxtmi.com/caselaws?id=373767 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of payments made to sub-contractors, emphasizing the genuineness of transactions supported by evidence. The Tribunal also agreed with the deletion of disallowance under Section 40A(3) of the Income Tax Act, finding no violations and noting the necessity of payments for business expediency. The revenue's appeal was dismissed, highlighting the significance of substantive evidence and adherence to statutory provisions. en-us Fri, 16 Nov 2018 00:00:00 +0530 Sat, 19 Jan 2019 07:55:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373767 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of payments made to sub-contractors, emphasizing the genuineness of transactions supported by evidence. The Tribunal also agreed with the deletion of disallowance under Section 40A(3) of the Income Tax Act, finding no violations and noting the necessity of payments for business expediency. The revenue's appeal was dismissed, highlighting the significance of substantive evidence and adherence to statutory provisions. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373767