https://www.taxtmi.com/highlights?id=46978 Addition u/s 40A(2) - expenditure is excessive or unreasonable having regard to the FMV of the goods, services or facilities - the assessee and Nimbus in negotiations with BCCI agreed neither to refund for the cancelled match nor to charge for the additional match - difference in fee did not prevent the parties from agreeing to fresh contract as to how to adjust the revenue proceeds - no addition en-us Wed, 05 Jun 2019 09:30:35 +0530 Wed, 05 Jun 2019 09:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46978 Addition u/s 40A(2) - expenditure is excessive or unreasonable having regard to the FMV of the goods, services or facilities - the assessee and Nimbus in negotiations with BCCI agreed neither to refund for the cancelled match nor to charge for the additional match - difference in fee did not prevent the parties from agreeing to fresh contract as to how to adjust the revenue proceeds - no addition Highlights Income Tax Wed, 05 Jun 2019 09:30:35 +0530 https://www.taxtmi.com/highlights?id=46978