“section 40A(2)(b)”

DisallowancesSection 40A(2)(b)Section 40A(2)(b)622 judgments

AMAZON SMART COMMERCE SOLUTIONS PRIVATE LIMITED,DELHI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, DELHI-1, DELHI

In the result, grounds raised by the assessee are dismissed

ITA 3533/DEL/2025[2021-22]Status: DisposedITAT Delhi18 Mar 2026AY 2021-22

Section 143(1)Section 143(3)Section 263Section 40A(2)

related party transactions (@page 38 of paper book)\n‘Clause 23' of Tax Audit Report Particulars of payments made to persons specified under section 40A(2)(b) were disclosed (@ pages 62 to 63 of paper book)\nCopy of computation of income and acknowledgement of income tax return (@ pages

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1(2)(1), MUMBAI, MUMBAI vs. BLEND FINANCIAL SERVICES LIMITED, MUMBAI

In the result, appeal of the R

ITA 8088/MUM/2025[2018-19]Status: DisposedITAT Mumbai13 Mar 2026AY 2018-19

Bench: Shri Om Prakash Kant (Account Member) & Ms. Kavitha Rajagopal () Assessment Year: 2018-19

For Appellant: Shri Rajesh SanghviFor Respondent: Shri Swapnil Choudhari (SR. DR)

Section 143(3)Section 37Section 40A(2)(b)

Assessing Officer made two additions:(i) disallowance of made two additions:(i) disallowance of ₹1,62,10,571/ 1,62,10,571/- under section 40A(2)(b) of the Act on the ground that payments made to section 40A(2)(b) of the Act on the ground that payments made ... section 40A(2)(b) of the Act on the ground that payments made to directors and related persons were excessive and unreasonable; directors and related persons were excessive and unreasonable; directors and related persons were excessive and unreasonable; and (ii) disallowance and (ii) disallowance of ₹1,11,69,620/- under

SHAHANSHAH DAL MILL,BHOPAL vs. ITO-5(3), BHOPAL, BHOPAL

Appeal is dismissed

ITA 335/IND/2025[2015-16]Status: DisposedITAT Indore27 Feb 2026AY 2015-16

Section 143(2)Section 147

{ "clean_text": "आयकर अपीलीय अधिकरण, इंदौर न्यायपीठ, इंदौर\nIN THE INCOME TAX APPELLATE TRIBUNAL\nINDORE BENCH, INDORE\nBEFORE SHRI B.M

ADANI INFRASTRUCTURE MANAGEMENT SERVICES LIMITED,AHMEDABAD vs. NAFAC DELHI, PRESENT JURISDICTION DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1)(1), AHMEDABAD, AHMEDABAD

In the result, the appeal of the assessee stands allowed

ITA 300/AHD/2025[2021-22]Status: DisposedITAT Ahmedabad26 Feb 2026AY 2021-22

Bench: Shri Sanjay Garg & Shri Makarand V. Mahadeokar

For Appellant: Shri Vartik Chokshi, ARFor Respondent: Shri Santosh Kumar, Sr.DR

Section 143(3)Section 234ASection 250Section 40A(2)(b)

facts and circumstances in the case of the Appellant Company, the Ld. CIT(A) has erred in upholding disallowance under section 40A(2)(b) amounting to Rs. 1,36,13,995/- as excessive interest paid to related party. 3. In law and on the facts and in the circumstances

SHAILESHKUMAR DAHYABHAI PATEL,VADODARA, GUJARAT vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 2(1)(2) (NOW DCIT CIRCLE 2(1)(1), VADODARA, GUJARAT, VADODARA, GUJARAT

In the result, Ground Number 7 of the assessee’s appeal is allowed

ITA 2131/AHD/2025[2017-18]Status: DisposedITAT Ahmedabad26 Feb 2026AY 2017-18

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

For Appellant: Shri Milin Mehta & Shri Bhavin Marfatia, ARsFor Respondent: Shri Rameshwar P Meena, Sr. DR

Section 234BSection 234CSection 270ASection 271ASection 272A(1)(b)Section 6Section 68Section 69ASection 69C

under: (1) ITO v. Bansi Lal Gupta [2009] 23 SOT 1 (Asr.) (URO) [24 per cent interest paid to persons covered under section 40A(2)(b) of the Act held not disallowable]. (2) Asstt. CIT v. Alfa Rubber Inds. [2008] 172 Taxman 35 (Ast)(am) [21 per cent interest paid ... considered view that the disallowance of interest payment of Rs.48,66,556/- under section 40A(2)(b) of the Act, in the case on hand, is factually unsustainable and accordingly delete the same. (5) The ITAT Ahmedabad, in ITA.No.869/Ahd/2010 in the case of Vipul Y Mehta Vs ACIT also

EQUIFAX CREDIT INFORMATION SERVICES PVT LTD,MUMBAI vs. INCOME TAX OFFICER WD-9(2)(1), MUMBAI

ITA 5324/MUM/2025[2011-12]Status: DisposedITAT Mumbai24 Feb 2026AY 2011-12

Section 143(1)Section 143(3)Section 254Section 40A(2)(b)Section 68

namely: (a) disallowance of Rs. 4,30,91,544/- in\nrelation to payments to M/s Equifax Software Systems Pvt.\nLtd. (“ESS”) under section 40A(2)(b) and allied reasoning\nabout genuineness/quantum; and (b) addition of Rs.\n12,25,00,000/- under section 68 in respect of share capital\nsubscribed ... cannot override the substantive evidences. Accordingly,\nthe addition under section 68 is directed to be deleted.\n15. Now, coming to the disallowance under section 40A(2)(b)\nin respect of payments to ESS. The Assessing Officer, in the\nset-aside order, has proceeded to disallow

EQUIFAX CREDIT INFORMATION SERVICES PVT LTD,MUMBAI vs. INCOME TAX OFFICER WD-9(2)(1), MUMBAI

ITA 5323/MUM/2025[2012-13]Status: DisposedITAT Mumbai24 Feb 2026AY 2012-13

Section 143(1)Section 143(3)Section 254Section 40A(2)(b)Section 68

DENTSU AEGIS NETWORK INDIA PRIVATE LIMITED(ERSTWHILE VIZEUM MEDIA SERVICE INDIA MERGED IN DAN INDIA),MUMBAI vs. INCOME TAX OFFICER, CIRCLE 8(3)(2), MUMBAI, MUMBAI

In the result, the appeal of the assessee is allowed

ITA 6122/MUM/2025[2014-15]Status: DisposedITAT Mumbai20 Feb 2026AY 2014-15

Bench: Shri Rahul Chaudhary & Shri Makarand Vasant Mahadeokardentsu Aegis Network Dcit Central India Private Limited Circle-1(1), (Erstwhile Vizeum Media Vs. Aayakar Bhavan, Service India Merged Maharashi Karve With Dentsu Aegis Marg, Mumbai-400 Network India Private 020 Limited W.E.F. 1St April 2017) 2Nd Floor, Devchand House, Dr. A. B. Road, Shiv Sagar Estate Mumbai, Worli So, Mumbai-400 018 Pan/Gir No. Aahca3058N (Applicant) (Respondent) Assessee By Shri Ketan Ved & Shri Abdul Kadir Jawadwala, Ld. Ars Revenue By Shri Annavaram Kosuri, Ld. Dr Date Of Hearing 02.02.2026 Date Of Pronouncement 20.02.2026

Section 142(1)Section 143(3)Section 250Section 37(1)Section 40Section 40A(2)(b)

after making, inter alia, disallowances under section 40(a)(ia) and under section 37(1) read with section 40A(2)(b). The CIT(A) confirmed the additions. 3. The issue involved in the grounds of appeal before us relates to the disallowance of salary recharge and reimbursement of expenses amounting ... under section 37(1) read 3 Dentsu Aegis Network India Private Limited with section 40A(2)(b) of the Act. The relevant facts, as emerging from the assessment order, are recorded hereunder. 4. The Assessing Officer observed from the details of expenses claimed under the head “salary and wages” that

DELOITTE SHARED SERVICES INDIA LLP (SUCCESSOR OF DELOITTE SHARED SERVICES INDIA PRIVATE LIMITED),MUMBAI vs. DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE - 1(1)(1), MUMBAI, MUMBAI

ITA 5300/MUM/2025[2015-16]Status: DisposedITAT Mumbai18 Feb 2026AY 2015-16

Bench: Shri Amit Shukla, Jm & Shri Arun Khodpia, Am

Section 143(3)Section 150Section 151Section 32Section 40A(2)(b)

depreciation on E-devices for the subsequent years. 2:3 The CIT(A)/ NFAC also erred in stating that the provisions of section 40A(2)(b) are attracted as these are group companies. The CIT(A)/NFAC erred in not appreciating the fact that these entities are not covered ... expenditure in their profit and loss accounts. This expenditure on their part is too much on the higher side. Moreover provisions of section 40A(2)(b) are also attracted as these are stated to be group companies. The user charges at the rate of 100% of the cost for usage

DIMPLE REALTORS PRIVATE LIMITED,MUMBAI vs. DCIT CIRCLE 4(2)(1), MUMBAI

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 7260/MUM/2025[2017-18]Status: DisposedITAT Mumbai16 Feb 2026AY 2017-18

Bench: Shri Vikram Singh Yadav & Ms. Kavitha Rajagopalassessment Year : 2017-18 Dimple Realtors Private Limited, Deputy Commissioner Of Unit No. 210, Wing B, Income Tax, Western Edge Ii, Vs. Circle-4(2)(1), Borivali East, Aayakar Bhavan, Mumbai-400066. Marine Lines, Pan : Aaacd4136F Mumbai-400020. (Appellant) (Respondent) For Assessee : Shri J.P. Bairagra & Ms. Rupa Nanda For Revenue : Shri Annavaran Kosuri Date Of Hearing : 21-01-2026 Date Of Pronouncement : 16-02-2026 O R D E R Per Vikram Singh Yadav, A.M :

For Appellant: Shri J.P. Bairagra &For Respondent: Shri Annavaran Kosuri

Section 115JSection 143(2)Section 143(3)Section 40A(2)(b)

excessive, without bringing any comparable instance or material on record to establish that the interest paid was unreasonable or excessive in terms of section 40A(2)(b) of the Act. This proves that disallowance interest expenses have been made without considering the fact that Urvashi Patel has borrowed funds

JASIBAI DAYARAM AMLANI,AMRAVATI vs. DCIT AMRAVATI CIRCLE, AMRAVATI

In the result, appeal of the Assessee is partly allowed

ITA 749/NAG/2025[2014-15]Status: DisposedITAT Nagpur12 Feb 2026AY 2014-15

Bench: Dr. Manish Borad

For Appellant: Shri Rajesh Loya, CAFor Respondent: Shri Surjit Kumar Saha, Sr.DR

Section 143(2)Section 143(3)Section 144(3)Section 234ASection 250Section 40A(2)(b)

charged salary expenses of ₹ 3,00,000/- paid to her son Mr. Naresh Amlani. For examining these details under the provisions of section 40A(2)(b) of the Act applicable to the payments made to the related parties, Ld.AO observed that her son Mr. Naresh Amlani does not work

ZETA BUILDTECH PRIVATE LIMITED,DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-7, DELHI, DELHI

In the result, appeal filed by the assessee is allowed

ITA 3449/DEL/2025[2020-21]Status: DisposedITAT Delhi12 Feb 2026AY 2020-21

Bench: Shri S. Rifaur Rahman & Shri Raj Kumar Chauhan

For Appellant: Sh. Suresh Kumar Gupta, CAFor Respondent: Ms. Ankush Kalra, Sr.DR

Section 142(1)Section 143(1)(a)Section 143(2)

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES ‘E’: NEW DELHI. BEFORE SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER and SHRI

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2 1 1 , VADODARA, VADODARA vs. GUJARAT INSECTICIDES LIMITED, ANKLESHWAR

ITA 2678/AHD/2025[2014-15]Status: DisposedITAT Ahmedabad11 Feb 2026AY 2014-15

Section 143(3)Section 271(1)(c)Section 36(1)(iii)Section 40A(2)(b)

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: DR. BRR Kumar, Vice President And Shri T. R. Senthil

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2 1 1 , VADODARA, VADODARA vs. GUJARAT INSECTICIDES LIMITED, ANKLESHWAR

ITA 2677/AHD/2025[2013-14]Status: DisposedITAT Ahmedabad11 Feb 2026AY 2013-14

Bench: DR. BRR Kumar (Vice President), Shri T. R. Senthil Kumar (Judicial Member)

Section 143(3)Section 271(1)(c)Section 36(1)(iii)Section 40A(2)(b)

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: DR. BRR Kumar, Vice President And Shri T. R. Senthil

GOLDEN SANDHAR MILLS LIMITED,PUNJAB vs. ITO, WARD-10(3), DELHI, DELHI

ITA 5562/DEL/2025[2020-21]Status: DisposedITAT Delhi05 Feb 2026AY 2020-21

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandragolden Sandhar Mills Ltd, Vs. Ito, Sugar Mill Complex Sugar Ward-10(3), Mill, Gt Road Phagwara, Delhi Punjab (Appellant) (Respondent) Pan: Aaacw3332J Assessee By : Shri Parikshit Agarwal, Ca Revenue By: Ms. Monika Singh, Cit Dr Date Of Hearing 05/02/2026 Date Of Pronouncement 05/02/2026

For Appellant: Shri Parikshit Agarwal, CAFor Respondent: Ms. Monika Singh, CIT DR

Section 14Section 143(3)Section 14ASection 263Section 32Section 36(1)Section 40A(2)(b)Section 5Section 68

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “F”: NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI NAVEEN CHANDRA

BAJAJ FINANCE LIMITED,PUNE vs. PRINCIPAL COMMISSIONER OF INCOME TAX-3, PUNE, PUNE

In the result, the appeal filed by the assessee is allowed

ITA 565/PUN/2024[2019-20]Status: DisposedITAT Pune29 Jan 2026AY 2019-20

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2019-20 Bajaj Finance Limited Pcit-3, Pune 3Rd Floor, Panchshil Tech Park, Vs. Viman Nagar, Pune – 411014 Pan: Aabcb1518L (Appellant) (Respondent) Assessee By : Shri Percy Pardiwalla Department By : Shri Amol Khairnar, Cit-Dr Date Of Hearing : 06-01-2026 Date Of Pronouncement : 29-01-2026

For Appellant: Shri Percy PardiwallaFor Respondent: Shri Amol Khairnar, CIT-DR

Section 143(3)Section 263Section 41Section 80J

which are squarely applicable to the facts of the present case. 3. Ground 3: Challenging the applicability of provisions of section 40A(2)(b) of the Act in respect of payments made to related parties: 3.1. The learned PCIT erred in holding that the learned AO has not verified ... transactions reported under section 40A(2)(b) of the Act and the order passed by the learned AO was without making inquiries or without verification of facts. 3.2. The learned PCIT failed to appreciate that in most of the transactions there was no variation between amount reported by the Appellant

ACIT., CIRCLE-6(1), HYDERABAD vs. P MANOHAR LAL JEWELLERS AND EXPORTERS, HYDERABAD

In the result, the appeal filed by the Revenue is dismissed

ITA 849/HYD/2024[2020-21]Status: DisposedITAT Hyderabad21 Jan 2026AY 2020-21

Section 40A(2)(b)

purchases were found to be at arm's length or less than market rates, making the AO's disallowance unsustainable.", "result": "Dismissed", "sections": ["Section 40A(2)(b) of the Income-tax Act, 1961", "Rule 46A of the I.T. Rules, 1962"], "issues": "Whether the disallowance of business promotion expenses, stock shortage

OLYMPIC ZIPPERS LIMITED,MEERUT vs. ITO, WARD 1(2)(1), MEERUT

Appeal is partly allowed

ITA 8607/DEL/2025[2015-16]Status: DisposedITAT Delhi21 Jan 2026AY 2015-16

Bench: Shri Satbeer Singh Godaraassessment Year: 2015-16 Olympic Zippers Ltd., Vs. Income Tax Officer, S-15-16, Delhi Road, Ward-1(2)(1), Partapur Industrial Estate, Meerut Meerut Pan: Aaaco0531D (Appellant) (Respondent) Assessee By Sh. Rohit Agarwal, Ca Department By Sh. Manoj Kumar, Sr. Dr

Section 143(3)Section 40A(2)(b)

both the lower authorities after allegedly holding personal use element therein. Rejected as not pressed. 3. Next comes the remaining issue of section 40A(2)(b) disallowance of Rs.5.16 lakhs made by both the learned lower authorities alleging excessive than the market rate of director’s remuneration. The Revenue could

ARUNABEN KISHORKUMAR MANDALIA,AHMEDABAD vs. THE PR.CIT, CENTRAL, AHMEDABAD

In the result, the appeal preferred by the assessee is allowed

ITA 1054/AHD/2025[2020-21]Status: DisposedITAT Ahmedabad20 Jan 2026AY 2020-21

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinhaआयकर अपील सं./Ita Nos. 1052 To 1054/Ahd/2025 िनधा"रण वष"/Asstt. Years: 2017-18 To 2020-21 Arunaben Kishorkumar Mandalia, The Principal बनामVs 12, Ashwamegh-Iii, Commissioner Of . 132 Feet Ring Road, Income Tax (Central), Satellite, Ahmedabad. Ahmedabad-380015. Pan: Ablpm2848Q (अपीलाथ" /Appellant ( ""यथ" /Respondent) Assessee By : Shri M K Patel, With Shri Vartik Choksi, Ars Revenue By : Shri Sher Singh, Cit.Dr

For Appellant: Shri M K Patel, with Shri Vartik Choksi, ARsFor Respondent: Shri Sher Singh, CIT.DR

Section 132Section 143(3)Section 153CSection 263

notice 142(1) dt. 24/08/2022) Please note that since I have not claimed any expenditure under the head profits & gains of business, Section 40A(2)(b) does not apply to me. 13. Details of addition/disallowance made for scrutiny assessment occasions for the relevant assessment years and explain

ARUNABEN KISHORKUMAR MANDALIA,AHMEDABAD vs. THE PR.CIT, CENTRAL, AHMEDABAD

In the result, the appeal preferred by the assessee is allowed

ITA 1053/AHD/2025[2018-19]Status: DisposedITAT Ahmedabad20 Jan 2026AY 2018-19

For Appellant: Shri M K Patel, with Shri Vartik Choksi, ARsFor Respondent: Shri Sher Singh, CIT.DR

Section 132Section 143(3)Section 153CSection 263

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