https://www.taxtmi.com/caselaws?id=386084 The Tribunal dismissed the Revenue's appeal, upholding the decision in favor of the Assessee regarding the disallowance of expenses under section 40A(2)(b) of the Income Tax Act. The Tribunal relied on precedent set by earlier decisions in favor of the Assessee's sister concern by the Pune Bench of the Tribunal and the Bombay High Court, finding no distinguishing features in the present case. The Assessee's claim for administrative support services charges was accepted, and the disallowance of expenses was overturned. en-us Fri, 12 Jul 2019 00:00:00 +0530 Sat, 21 Sep 2019 08:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386084 The Tribunal dismissed the Revenue's appeal, upholding the decision in favor of the Assessee regarding the disallowance of expenses under section 40A(2)(b) of the Income Tax Act. The Tribunal relied on precedent set by earlier decisions in favor of the Assessee's sister concern by the Pune Bench of the Tribunal and the Bombay High Court, finding no distinguishing features in the present case. The Assessee's claim for administrative support services charges was accepted, and the disallowance of expenses was overturned. Case-Laws Income Tax Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386084