https://www.taxtmi.com/caselaws?id=790389 Disallowance of subcontract expenditure for alleged failure to deduct tax at source was held unsustainable without verification of the newly furnished Form 26A and accountant's certificate; the matter was remanded for the Assessing Officer to examine whether the subcontractor had already included the payment in its return and paid tax. The addition for unexplained subcontract expenditure under Section 69C was also set aside because the ledger and subcontractor's accounts were stated to reconcile the total receipts, and the apparent difference arose from ignoring opening and closing balances. The Assessing Officer was directed to verify the reconciliation and delete the addition if accepted. en-us Fri, 27 Mar 2026 00:00:00 +0530 Fri, 24 Apr 2026 08:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790389 Disallowance of subcontract expenditure for alleged failure to deduct tax at source was held unsustainable without verification of the newly furnished Form 26A and accountant's certificate; the matter was remanded for the Assessing Officer to examine whether the subcontractor had already included the payment in its return and paid tax. The addition for unexplained subcontract expenditure under Section 69C was also set aside because the ledger and subcontractor's accounts were stated to reconcile the total receipts, and the apparent difference arose from ignoring opening and closing balances. The Assessing Officer was directed to verify the reconciliation and delete the addition if accepted. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790389