Income Tax | Contractor Non-Compliance Cannot Justify Arbitrary 30% Expense Disallowance: ITAT Delhi

ITAT Delhi holds 30% contractor expense disallowance ad hoc and excessive, restricting disallowance to 5% where payments remained unverifiable. The post Contractor Non-Compliance Cannot Justify Arbitrary 30% Expense Disallowance: ITAT Delhi appeared first on TaxGuru .