https://www.taxtmi.com/caselaws?id=401287 The appeal was dismissed as the appellant failed to prove that payments to foreign firms were for services rendered outside India and for business purposes. The Court upheld the lower courts' decisions, highlighting the lack of material evidence supporting the claim for deduction under the Income Tax Act. The appellant's failure to establish the nature of the payments led to the disallowance, with the Court finding no justification for a fresh consideration. The outcome affirmed the lower courts' rulings, emphasizing the appellant's inability to substantiate the purpose of the payments. en-us Thu, 19 Nov 2020 00:00:00 +0530 Thu, 03 Dec 2020 12:14:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401287 The appeal was dismissed as the appellant failed to prove that payments to foreign firms were for services rendered outside India and for business purposes. The Court upheld the lower courts' decisions, highlighting the lack of material evidence supporting the claim for deduction under the Income Tax Act. The appellant's failure to establish the nature of the payments led to the disallowance, with the Court finding no justification for a fresh consideration. The outcome affirmed the lower courts' rulings, emphasizing the appellant's inability to substantiate the purpose of the payments. Case-Laws Income Tax Thu, 19 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401287