https://www.taxtmi.com/caselaws?id=63824 The Tribunal allowed two appeals where the Assessing Officer disallowed cash payments made to the Excise Department on behalf of suppliers under section 40A(3). The Tribunal found the payments genuine and necessary for business, exempting them from the section's provisions. The absence of a bank account and business compulsion were considered in line with a Delhi High Court ruling, resulting in the deletion of the disallowances in both cases. en-us Fri, 31 Mar 2006 00:00:00 +0530 Tue, 17 Jul 2012 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63824 The Tribunal allowed two appeals where the Assessing Officer disallowed cash payments made to the Excise Department on behalf of suppliers under section 40A(3). The Tribunal found the payments genuine and necessary for business, exempting them from the section's provisions. The absence of a bank account and business compulsion were considered in line with a Delhi High Court ruling, resulting in the deletion of the disallowances in both cases. Case-Laws Income Tax Fri, 31 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63824