https://www.taxtmi.com/caselaws?id=71024 The Tribunal partially allowed the appeal by restricting the addition of Rs.10,000 in the labour payment account to Rs.7,500 and deleting the addition of Rs.1,22,077 under section 40A(3) of the Income Tax Act. The Tribunal considered exceptions under Rule 6DD(i) and CBDT Circular No. 220, concluding that the cash payments to M/s. STP Ltd. were justified due to unavoidable and exceptional circumstances, thus emphasizing the genuineness of the transactions and directing the deletion of the said addition. en-us Thu, 12 Jun 1997 00:00:00 +0530 Fri, 21 Jun 2013 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71024 The Tribunal partially allowed the appeal by restricting the addition of Rs.10,000 in the labour payment account to Rs.7,500 and deleting the addition of Rs.1,22,077 under section 40A(3) of the Income Tax Act. The Tribunal considered exceptions under Rule 6DD(i) and CBDT Circular No. 220, concluding that the cash payments to M/s. STP Ltd. were justified due to unavoidable and exceptional circumstances, thus emphasizing the genuineness of the transactions and directing the deletion of the said addition. Case-Laws Income Tax Thu, 12 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71024