https://www.taxtmi.com/caselaws?id=793998 Document notes an ITAT Bangalore ruling that documentary evidence of genuineness and business nexus can defeat ad hoc disallowances, including flood-relief house construction, infrastructure sharing charges, vehicle hire and repairs. It also records that furnishing transporters' PAN details and related records can prevent disallowance under section 40(a)(ia), and that income appearing in Form 26AS is not taxable in the relevant year unless accrual is shown. The note further states that a crystallised customs duty liability paid before the return due date was not barred by section 43B, and that advances from overseas customers were not taxable under section 41(1) absent cessation or remission of liability. The enhanced section 10B claim became infructuous. en-us Mon, 27 Apr 2026 00:00:00 +0530 Sat, 27 Jun 2026 08:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793998 Document notes an ITAT Bangalore ruling that documentary evidence of genuineness and business nexus can defeat ad hoc disallowances, including flood-relief house construction, infrastructure sharing charges, vehicle hire and repairs. It also records that furnishing transporters' PAN details and related records can prevent disallowance under section 40(a)(ia), and that income appearing in Form 26AS is not taxable in the relevant year unless accrual is shown. The note further states that a crystallised customs duty liability paid before the return due date was not barred by section 43B, and that advances from overseas customers were not taxable under section 41(1) absent cessation or remission of liability. The enhanced section 10B claim became infructuous. Case-Laws Income Tax Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793998