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2017 (2) TMI 1432 - AT - Income TaxAddition made u/s 40A(2)(b) - payment made to related party - HELD THAT:- As decided in KEC-Delco-Vraha (JV) [2016 (11) TMI 1642 - ITAT DELHI] disallowance under this section is made in respect of the expenses incurred or payments made which are not deductible. This section has no application to income aspect of the assessee. As the AO has made disallowance u/s 40A(2)(b) in respect of income which the assessee in his opinion ought to have earned rather than certain expenses incurred, the provisions of this section are not attracted. Uphold the impugned order on this score deleting the disallowance - Decided in favour of assessee.
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