Expenditure related to goods carriage taken on hire is allowed even if receipts taxed u/s 44AE

Shakir Ahmad Vs ITO (ITAT Delhi)

ITAT Delhi held that expenditure related to the goods carriages taken on hire from the open market for carrying out the transportation activities is available to the assessee even if the receipts are subjected to taxation under provisions of section 44AE of the Income Tax Act.

Facts- After considering the submissions, CIT(A) sustained the additions in respect of disallowance of expenses on account of truck maintenance charges of Rs. 1,59,580/-, driver and conductors sa

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