https://www.taxtmi.com/caselaws?id=66766 The Tribunal allowed the assessee's appeal, setting aside the disallowances under Section 40A(3) of the Income Tax Act. It held that cash payments exceeding Rs. 2,500 fell within Rule 6DD(j) exceptions for business compulsion and dealing with sellers without bank accounts. The Tribunal found a violation of natural justice principles due to the unauthorized use of adverse material. It concluded by admitting additional evidence under Rule 46 and fully allowing the appeal, overturning the lower authorities' decisions. en-us Tue, 30 Sep 1986 00:00:00 +0530 Mon, 07 Mar 2011 11:33:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66766 The Tribunal allowed the assessee's appeal, setting aside the disallowances under Section 40A(3) of the Income Tax Act. It held that cash payments exceeding Rs. 2,500 fell within Rule 6DD(j) exceptions for business compulsion and dealing with sellers without bank accounts. The Tribunal found a violation of natural justice principles due to the unauthorized use of adverse material. It concluded by admitting additional evidence under Rule 46 and fully allowing the appeal, overturning the lower authorities' decisions. Case-Laws Income Tax Tue, 30 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66766