https://www.taxtmi.com/caselaws?id=401663 The Tribunal partially allowed the appeal, remitting the disallowance under section 40A(3) for fresh consideration with the provision for producing the cash book. Additionally, the disallowance of wages was reduced to 5% from the initial 15%, considering the correct percentage of wages to receipts ratio. en-us Thu, 03 Dec 2020 00:00:00 +0530 Mon, 14 Dec 2020 09:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401663 The Tribunal partially allowed the appeal, remitting the disallowance under section 40A(3) for fresh consideration with the provision for producing the cash book. Additionally, the disallowance of wages was reduced to 5% from the initial 15%, considering the correct percentage of wages to receipts ratio. Case-Laws Income Tax Thu, 03 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401663