https://www.taxtmi.com/caselaws?id=385910 The Tribunal allowed both appeals filed by the assessee, setting aside the CIT(A)'s order and directing the AO to delete the addition. The Tribunal found the disallowance under Section 40A(2)(b) was not justified, as the JV was created solely for securing the contract, and the actual work was carried out by the JV partners. The Tribunal's decision aligned with previous rulings and High Court decisions, leading to the deletion of the addition in favor of the assessee. en-us Thu, 09 May 2019 00:00:00 +0530 Tue, 17 Sep 2019 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385910 The Tribunal allowed both appeals filed by the assessee, setting aside the CIT(A)'s order and directing the AO to delete the addition. The Tribunal found the disallowance under Section 40A(2)(b) was not justified, as the JV was created solely for securing the contract, and the actual work was carried out by the JV partners. The Tribunal's decision aligned with previous rulings and High Court decisions, leading to the deletion of the addition in favor of the assessee. Case-Laws Income Tax Thu, 09 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385910