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![Disallowance of Excess Remuneration to Directors: ITAT holds Section 40 A(2)(b) can’t be invoked without Corroborative Evidence [Read Order] Disallowance of Excess Remuneration to Directors: ITAT holds Section 40 A(2)(b) can’t be invoked without Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Disallowance-Excess-Remuneration-ITAT-corroborative-evidence-Taxscan.jpeg)
Disallowance of Excess Remuneration to Directors: ITAT holds Section 40 A(2)(b) can’t be invoked without Corroborative Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench, has held that section 40 A(2)(b) can’t be invoked without corroborative evidence and set...



![WhatsApp Messages are Dumb Document without Corroborative Evidence: ITAT quashes Addition against BJP MLA for alleged Distribution of Cash for Votes [Read Order] WhatsApp Messages are Dumb Document without Corroborative Evidence: ITAT quashes Addition against BJP MLA for alleged Distribution of Cash for Votes [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/WhatsApp-Messages-Dumb-Document-Corroborative-Evidence-ITAT-BJP-MLA-Distribution-Cash-for-Votes-Taxscan.jpeg)
![Cash Deposit arising out of Sale of Agricultural Land cannot be treated as Unexplained: ITAT [Read Order] Cash Deposit arising out of Sale of Agricultural Land cannot be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Cash-Deposit-Sale-of-Agricultural-Land-Unexplained-ITAT-Taxscan.jpg)
![Appeals cannot be dismissed merely because Assessee opted VSVS and Form 5 is Issued: ITAT directs NFAC to decide Appeals on Merits [Read Order] Appeals cannot be dismissed merely because Assessee opted VSVS and Form 5 is Issued: ITAT directs NFAC to decide Appeals on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/National-Faceless-Assessment-Centre-Appeals-Assessee-VSVS-ITAT-NFAC-Taxscan.jpeg)
![Subscription Money received in advance by Sun Direct TV from Customers shall be treated as Deferred Income: ITAT [Read Order] Subscription Money received in advance by Sun Direct TV from Customers shall be treated as Deferred Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Subscription-Money-Sun-Direct-TV-Deferred-Income-ITAT-Taxscan.jpg)
![Delay of 1217 Days in filing Appeal due to Covid-19: ITAT imposes Cost of Rs. 25,000 to Condone Delay [Read Order] Delay of 1217 Days in filing Appeal due to Covid-19: ITAT imposes Cost of Rs. 25,000 to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Delay-filing-Appeal-Covid-19-ITAT-condone-Delay-Taxscan.jpeg)
![Relief to Matrimony.com: No TDS on Advertisement Expenses paid to Online Platforms [Read Order] Relief to Matrimony.com: No TDS on Advertisement Expenses paid to Online Platforms [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Relief-Matrimony.com-TDS-Advertisement-Expenses-paid-Online-Platforms-Taxscan.jpeg)
![Warranty Obligation being Part and Parcel of Sales Transactions, TDS not applicable as FTS: ITAT [Read Order] Warranty Obligation being Part and Parcel of Sales Transactions, TDS not applicable as FTS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Warranty-Obligation-Part-Parcel-Sales-Transactions-TDS-FTS-ITAT-Taxscan.jpeg)
![Compensation to Developer on Termination of JDA cannot be claimed as Project Expenditure: ITAT upholds Addition [Read Order] Compensation to Developer on Termination of JDA cannot be claimed as Project Expenditure: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Compensation-Developer-Termination-of-JDA-Project-Expenditure-ITAT-Taxscan.jpeg)
![Delay due to Medical Condition is a Reasonable Cause: ITAT Condones Delay of 268 Days by 71 Year Old Assessee [Read Order] Delay due to Medical Condition is a Reasonable Cause: ITAT Condones Delay of 268 Days by 71 Year Old Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Medical-Condition-Reasonable-Cause-ITAT-Assessee-taxscan.jpeg)
![Income Tax Practitioner misled Assessee in making False Refund: ITAT deletes Penalty against Assessee [Read Order] Income Tax Practitioner misled Assessee in making False Refund: ITAT deletes Penalty against Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-ITAT-Penalty-Assessee-Taxscan.jpg)
![Royalty received by Developer would constitute Business Income: ITAT [Read Order] Royalty received by Developer would constitute Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Royalty-Developer-Business-Income-ITAT-Income-Taxscan.jpg)