https://www.taxtmi.com/caselaws?id=460942 The ITAT dismissed the appeal, concluding that the Assessing Officer unjustifiably invoked section 40A(2)(b) of the Income Tax Act without providing the assessee an opportunity to justify the expenses, thus rendering the addition unsustainable. The court found no evidence of inflated or unjustified expenses. Additionally, the ITAT determined that section 44BBB was inapplicable to the assessee, as they were not executing a turnkey power project. The appeal raised no substantial question of law, leading to its dismissal. en-us Wed, 28 Feb 2024 00:00:00 +0530 Mon, 03 Mar 2025 14:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460942 The ITAT dismissed the appeal, concluding that the Assessing Officer unjustifiably invoked section 40A(2)(b) of the Income Tax Act without providing the assessee an opportunity to justify the expenses, thus rendering the addition unsustainable. The court found no evidence of inflated or unjustified expenses. Additionally, the ITAT determined that section 44BBB was inapplicable to the assessee, as they were not executing a turnkey power project. The appeal raised no substantial question of law, leading to its dismissal. Case-Laws Income Tax Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460942