https://www.taxtmi.com/caselaws?id=775492 The ITAT Mumbai upheld the disallowance of business expenditure claimed by the assessee for payments made to a sister concern for sub-contract work. The assessee failed to provide essential documents such as a valid contract agreement, detailed work orders, third-party verification of sub-contractors, and reconciliation of payments. The tribunal agreed with the AO that mere TDS deduction and GST charges were insufficient to prove the genuineness of the expenditure, especially given the significant proportion of the claimed expenses relative to the assessee's revenue. Due to lack of clarity on key contractual terms and discrepancies in amounts claimed, the ITAT found no infirmity in the orders of the lower authorities and dismissed the assessee's appeal. en-us Mon, 02 Jun 2025 00:00:00 +0530 Thu, 24 Jul 2025 12:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775492 The ITAT Mumbai upheld the disallowance of business expenditure claimed by the assessee for payments made to a sister concern for sub-contract work. The assessee failed to provide essential documents such as a valid contract agreement, detailed work orders, third-party verification of sub-contractors, and reconciliation of payments. The tribunal agreed with the AO that mere TDS deduction and GST charges were insufficient to prove the genuineness of the expenditure, especially given the significant proportion of the claimed expenses relative to the assessee's revenue. Due to lack of clarity on key contractual terms and discrepancies in amounts claimed, the ITAT found no infirmity in the orders of the lower authorities and dismissed the assessee's appeal. Case-Laws Income Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775492