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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Once it is established that the concerned sub-contract work was ...


Sub-Contract Expenses Cannot Be Disallowed When Work Is Confirmed and Partially Allowed by Assessing Officer.

January 7, 2016

Case Laws     Income Tax     AT

Once it is established that the concerned sub-contract work was actually done or executed and this fact was accepted even by the A.O. by allowing partly the sub-contract expenses, no disallowance on account of sub-contract expenses can be made on the ground that the expenses so incurred by the assessee are excessive or unreasonable - AT

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