https://www.taxtmi.com/caselaws?id=432470 The Tribunal partially allowed the appeal, directing the Assessing Officer to reevaluate the disallowance under sec. 40(a)(ia) of the Income Tax Act, 1961, related to alleged non-compliance with sec. 194C provisions. The Tribunal emphasized the need for a speaking order and cooperation from the assessee. Other issues raised by the appellant, such as adhoc disallowance under staff and labor welfare expenses and addition of notional interest, were either dismissed or not elaborated upon in the judgment. The decision underscored the importance of thorough verification and detailed orders for resolving tax disputes effectively. en-us Wed, 04 Jan 2023 00:00:00 +0530 Fri, 06 Jan 2023 09:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432470 The Tribunal partially allowed the appeal, directing the Assessing Officer to reevaluate the disallowance under sec. 40(a)(ia) of the Income Tax Act, 1961, related to alleged non-compliance with sec. 194C provisions. The Tribunal emphasized the need for a speaking order and cooperation from the assessee. Other issues raised by the appellant, such as adhoc disallowance under staff and labor welfare expenses and addition of notional interest, were either dismissed or not elaborated upon in the judgment. The decision underscored the importance of thorough verification and detailed orders for resolving tax disputes effectively. Case-Laws Income Tax Wed, 04 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432470