Tax Guru29m
ITAT deletes Section 69C Addition as allegations not substantiated with clear evidence
The matter primarily pertained to unexplained expenditures assessed under Section 69C of the Income Tax Act for the ...
Tax Guru15m
Reimbursement of expense at cost not taxable as Fees for Technical Services
ITAT Mumbai held that that reimbursement of expenses at cost is not taxable as fees for technical services since there is no element of income attached to the transaction. Accordingly, revenue’s ...