https://www.taxtmi.com/caselaws?id=458856 ITAT Mumbai upheld CIT(A)'s decision reducing disallowance from 100% to 15% of payments made to sub-contractors. AO alleged accommodation entries and questioned genuineness of payments to two sub-contractor parties. ITAT found Revenue failed to prove work was not actually performed. Court rejected 100% disallowance as unwarranted, agreeing 15% restriction was appropriate. Additionally, ITAT sustained CIT(A)'s deletion of commission addition, finding no material evidence to support 1% commission allegation. Appeal decided against Revenue. en-us Wed, 26 Jun 2024 00:00:00 +0530 Tue, 19 Nov 2024 12:48:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458856 ITAT Mumbai upheld CIT(A)'s decision reducing disallowance from 100% to 15% of payments made to sub-contractors. AO alleged accommodation entries and questioned genuineness of payments to two sub-contractor parties. ITAT found Revenue failed to prove work was not actually performed. Court rejected 100% disallowance as unwarranted, agreeing 15% restriction was appropriate. Additionally, ITAT sustained CIT(A)'s deletion of commission addition, finding no material evidence to support 1% commission allegation. Appeal decided against Revenue. Case-Laws Income Tax Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458856