Lorry hire charges cannot be disallowed U/s. 69C if source been duly explained

ACIT Vs Assam Kerala Roadways Pvt. Ltd. (ITAT Kolkata) Assessee is a goods carrier /transporter operating huge fleet of good carriers by hiring from the market during the year and during the year it had incurred expenditure of Rs. 34,11,35,804/- under the head lorry hire charges. The assessee has furnished complete details comprising challan no, truck no, load from destination and lorry hire amount etc. in respect of 9068 vehicles before the AO . The AO test checked some of the vehicles on this web portal VAHAN, Ministry of Road, Transport & Highways and came to the conclusion that some of...