Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (3) TMI 505 - AT - Income TaxNon applicability of Section 40(a)(ia) - Held that:- Hiring charges consists of payments made to the owners of vehicles for hiring their vehicles and does not form any sub contract of any transportation since assessee hires vehicles from different owners & engages its own labour and executes the contact on its own.The findings of the CIT(A) should not be disturbed, which takes into account complete factual details of the case. We are inclined to accept the view taken by the CIT(A) and therefore, reject the ground as raised by the department on the issue of section 40(a)(ia). Reducing the addition on account of part payment of his charges payment, packing charges, conveyance, staff welfare, sundry expenses and Tea & other expenses.
|