https://www.taxtmi.com/caselaws?id=380709 The tribunal upheld the CIT(A)'s decision to restrict the disallowance of subcontractor payments to 15% for the assessment years 2011-12 and 2012-13. Despite the revenue's arguments regarding the bogus nature of the entities involved, the tribunal found the evidence provided by the assessee to be adequate, citing the burden of proof on the assessee and the precedent set in a previous case for AY 2008-09. The tribunal dismissed the revenue's appeals, emphasizing the balance of facts and circumstances in the case. en-us Wed, 27 Mar 2019 00:00:00 +0530 Mon, 27 May 2019 07:24:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380709 The tribunal upheld the CIT(A)'s decision to restrict the disallowance of subcontractor payments to 15% for the assessment years 2011-12 and 2012-13. Despite the revenue's arguments regarding the bogus nature of the entities involved, the tribunal found the evidence provided by the assessee to be adequate, citing the burden of proof on the assessee and the precedent set in a previous case for AY 2008-09. The tribunal dismissed the revenue's appeals, emphasizing the balance of facts and circumstances in the case. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380709