https://www.taxtmi.com/caselaws?id=432520 Where an assessee substantiates job work expenditure with identity of payees, bank payments, TDS compliance, ledger records and the contractors' own returns, the claim cannot be rejected merely because third parties did not respond to notices or summons. The presence of documentary and circumstantial evidence showing business necessity and actual incurrence of expenditure outweighs non-compliance by contractors, absent any adverse material on record. On these facts, further inquiry after a long lapse of time would serve no useful purpose, and the disallowance of job work expenses was held unsustainable. en-us Fri, 25 Nov 2022 00:00:00 +0530 Fri, 06 Jan 2023 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432520 Where an assessee substantiates job work expenditure with identity of payees, bank payments, TDS compliance, ledger records and the contractors' own returns, the claim cannot be rejected merely because third parties did not respond to notices or summons. The presence of documentary and circumstantial evidence showing business necessity and actual incurrence of expenditure outweighs non-compliance by contractors, absent any adverse material on record. On these facts, further inquiry after a long lapse of time would serve no useful purpose, and the disallowance of job work expenses was held unsustainable. Case-Laws Income Tax Fri, 25 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432520