https://www.taxtmi.com/caselaws?id=419091 The Tribunal ruled in favor of the appellant regarding the disallowance of reimbursement charges under section 40(a)(ia) of the Income-tax Act, 1961, emphasizing that reimbursement expenses incurred by agents on behalf of the assessee do not attract TDS provisions. The Tribunal also sided with the appellant on the addition of profits from tea sales, noting that the department had previously accepted the income estimation method. The case was remanded to the AO for a fresh decision based on the principles outlined in Radhasoami Satsang, with the appeal being partly allowed for statistical purposes. en-us Fri, 18 Feb 2022 00:00:00 +0530 Thu, 03 Mar 2022 06:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419091 The Tribunal ruled in favor of the appellant regarding the disallowance of reimbursement charges under section 40(a)(ia) of the Income-tax Act, 1961, emphasizing that reimbursement expenses incurred by agents on behalf of the assessee do not attract TDS provisions. The Tribunal also sided with the appellant on the addition of profits from tea sales, noting that the department had previously accepted the income estimation method. The case was remanded to the AO for a fresh decision based on the principles outlined in Radhasoami Satsang, with the appeal being partly allowed for statistical purposes. Case-Laws Income Tax Fri, 18 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419091