https://www.taxtmi.com/caselaws?id=444921 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income-tax (Appeals) [CIT(A)], who overturned the Assessing Officer's disallowance of payments to M/s. Intercontinental Shipping, M/s. Timmy's Transport, Blue Ocean Marketing Private Limited, and Sai Om Labour. The CIT(A) found sufficient evidence supporting the legitimacy of the transactions, including service provision documents and confirmations from involved parties. The ITAT agreed with the CIT(A) that the Revenue failed to provide contrary evidence, leading to the dismissal of the appeal and no substantial question of law arising. en-us Wed, 18 Oct 2023 00:00:00 +0530 Thu, 26 Oct 2023 07:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444921 The Income Tax Appellate Tribunal (ITAT) upheld the decisions of the Commissioner of Income-tax (Appeals) [CIT(A)], who overturned the Assessing Officer's disallowance of payments to M/s. Intercontinental Shipping, M/s. Timmy's Transport, Blue Ocean Marketing Private Limited, and Sai Om Labour. The CIT(A) found sufficient evidence supporting the legitimacy of the transactions, including service provision documents and confirmations from involved parties. The ITAT agreed with the CIT(A) that the Revenue failed to provide contrary evidence, leading to the dismissal of the appeal and no substantial question of law arising. Case-Laws Income Tax Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444921