https://www.taxtmi.com/caselaws?id=399017 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of cash payment for legal expenses under Section 40A(3) of the Income Tax Act, ruling in favor of the assessee. The Revenue's appeal challenging the CIT(A) order was dismissed, with the Tribunal finding no error in law or fact in confirming the deletion of the disallowance. The judgment extensively analyzed the issues raised, ultimately deciding against the Revenue and in favor of the assessee, a construction business with a revised total loss for the assessment year 2010-11. en-us Mon, 21 Sep 2020 00:00:00 +0530 Wed, 30 Sep 2020 13:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399017 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of cash payment for legal expenses under Section 40A(3) of the Income Tax Act, ruling in favor of the assessee. The Revenue's appeal challenging the CIT(A) order was dismissed, with the Tribunal finding no error in law or fact in confirming the deletion of the disallowance. The judgment extensively analyzed the issues raised, ultimately deciding against the Revenue and in favor of the assessee, a construction business with a revised total loss for the assessment year 2010-11. Case-Laws Income Tax Mon, 21 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399017