https://www.taxtmi.com/caselaws?id=395339 The ITAT upheld a 10% disallowance of certain expenses totaling Rs. 11,65,629 due to lack of proper vouching. However, the ITAT ruled in favor of the assessee regarding the disallowance of Rs. 11,73,794 under section 40A(2) of the Income Tax Act. The disallowance under section 40A(2) was deemed unwarranted as the related parties provided dedicated vehicles, justifying the higher payment compared to third parties. The ITAT ordered the deletion of the addition, partially allowing the appeal on this ground. en-us Fri, 03 Jan 2020 00:00:00 +0530 Mon, 18 May 2020 12:08:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395339 The ITAT upheld a 10% disallowance of certain expenses totaling Rs. 11,65,629 due to lack of proper vouching. However, the ITAT ruled in favor of the assessee regarding the disallowance of Rs. 11,73,794 under section 40A(2) of the Income Tax Act. The disallowance under section 40A(2) was deemed unwarranted as the related parties provided dedicated vehicles, justifying the higher payment compared to third parties. The ITAT ordered the deletion of the addition, partially allowing the appeal on this ground. Case-Laws Income Tax Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395339