https://www.taxtmi.com/caselaws?id=210421 The Tribunal upheld the CIT(A)'s decisions in both issues, dismissing the revenue's appeal in its entirety. In the first issue regarding the addition under section 40(a)(ia) for non-filing of Form No. 15J, the Tribunal confirmed the CIT(A)'s decision that the addition was unjustified as the Form 15-I received by the assessee was valid even without filing Form 15-J. For the second issue on disallowance under section 40A(3) for cash payments exceeding Rs.20,000 in a day, the Tribunal upheld the CIT(A)'s ruling that no single payment exceeded the threshold, thus rejecting the disallowance. en-us Fri, 05 Aug 2011 00:00:00 +0530 Mon, 25 Apr 2016 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210421 The Tribunal upheld the CIT(A)'s decisions in both issues, dismissing the revenue's appeal in its entirety. In the first issue regarding the addition under section 40(a)(ia) for non-filing of Form No. 15J, the Tribunal confirmed the CIT(A)'s decision that the addition was unjustified as the Form 15-I received by the assessee was valid even without filing Form 15-J. For the second issue on disallowance under section 40A(3) for cash payments exceeding Rs.20,000 in a day, the Tribunal upheld the CIT(A)'s ruling that no single payment exceeded the threshold, thus rejecting the disallowance. Case-Laws Income Tax Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210421