https://www.taxtmi.com/caselaws?id=401585 The Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) (CIT(A)) decision to delete the disallowance under section 40A(3) for Assessment Year 2009-10. The ITAT agreed with CIT(A) that the disallowance was not justified due to lack of evidence supporting purchases by the assessee, ruling in favor of the assessee and dismissing both the Revenue's appeal and the assessee's cross objection. en-us Tue, 11 Aug 2020 00:00:00 +0530 Fri, 11 Dec 2020 15:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401585 The Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) (CIT(A)) decision to delete the disallowance under section 40A(3) for Assessment Year 2009-10. The ITAT agreed with CIT(A) that the disallowance was not justified due to lack of evidence supporting purchases by the assessee, ruling in favor of the assessee and dismissing both the Revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Tue, 11 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401585