https://www.taxtmi.com/caselaws?id=204180 ITAT, Mumbai-AT held that entries treated by AO as cash expenditures exceeding Rs. 20,000 under s.40A(3) were, as per assessee's ledger, actually cash receipts of freight charges and not cash payments. The order of CIT(A) on this issue was set aside and the matter remanded to AO to verify from records and grant appropriate relief, treating this ground as allowed for statistical purposes. On disallowance of transport charges under s.40(a)(ia), the Tribunal held that, since TDS was deducted and deposited before the due date of filing the return, the curative amendment by Finance Act 2010 applied retrospectively; the disallowance was deleted and this ground allowed. en-us Wed, 22 Sep 2010 00:00:00 +0530 Thu, 20 Nov 2025 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204180 ITAT, Mumbai-AT held that entries treated by AO as cash expenditures exceeding Rs. 20,000 under s.40A(3) were, as per assessee's ledger, actually cash receipts of freight charges and not cash payments. The order of CIT(A) on this issue was set aside and the matter remanded to AO to verify from records and grant appropriate relief, treating this ground as allowed for statistical purposes. On disallowance of transport charges under s.40(a)(ia), the Tribunal held that, since TDS was deducted and deposited before the due date of filing the return, the curative amendment by Finance Act 2010 applied retrospectively; the disallowance was deleted and this ground allowed. Case-Laws Income Tax Wed, 22 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204180