https://www.taxtmi.com/caselaws?id=459605 ITAT Indore upheld CIT(A)'s deletion of 10% expenditure disallowance where assessee provided party-wise details and deducted TDS, noting AO had separately referred TDS non-filing to TDS wing. However, ITAT remanded cost of goods sold addition back to CIT(A) for fresh consideration with proper working and AO hearing, finding CIT(A) accepted assessee's changed submission without verification. ITAT restored section 40A(3) disallowance for cash payments, holding CIT(A) failed to examine assessee's original claim and newer stand lacked factual support. en-us Tue, 18 Apr 2023 00:00:00 +0530 Thu, 19 Dec 2024 18:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459605 ITAT Indore upheld CIT(A)'s deletion of 10% expenditure disallowance where assessee provided party-wise details and deducted TDS, noting AO had separately referred TDS non-filing to TDS wing. However, ITAT remanded cost of goods sold addition back to CIT(A) for fresh consideration with proper working and AO hearing, finding CIT(A) accepted assessee's changed submission without verification. ITAT restored section 40A(3) disallowance for cash payments, holding CIT(A) failed to examine assessee's original claim and newer stand lacked factual support. Case-Laws Income Tax Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459605