ITAT quashes disallowance of Payment made to Subcontractors Workers on basis of Admissions or Confessions made during Survey Proceedings [Read Order]

By Aparna. M - On June 24, 2023 7:30 pm - 2 mins read

ITAT - disallowance - Payment – Subcontractors - Workers - Admissions – or – Confessions – during - Survey - Proceedings – TAXSCAN

The Pune Bench of Income Tax Appellate Tribunal (ITAT) has quashed disallowance of payment made to subcontractors workers on basis of admissions or confessions made during survey proceedings . The assessee V M Matere Infrastructures engaged in the civil construction works. When the survey action was conducted on the premises of the assessee, it was…

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Topics

AO CIT(A)Income Tax Act 1961 Income Tax Appellate Tribunal ITAT Pune bench