Held that since no comparable instance of third party rendering similar services was brought on record so as to show that said expenses incurred by assessee were excessive disallowance was to be restricted only to 10 per cent of total expenses. (AY. 2013-14, 2014-15)
Bright Enterprises (P.) Ltd. v. DCIT (2021) 191 ITD 740 / 90 ITR 394 (Amritsar)(Trib.)
S. 40A(2) : Expenses or payments not deductible-Excessive or unreasonable-Consultancy and technical services from sister concern-Disallowance was restricted only t0 10 per cent of total expenses.