https://www.taxtmi.com/caselaws?id=214494 The Tribunal partially allowed the appellant's appeal, remitting one issue for verification under Sec. 40(a)(ia), upholding the addition under Sec. 40A(3) for cash payments exceeding Rs.20,000, and modifying the decision on the addition on account of Gross Profit. The appellant was granted a hearing opportunity, and the judgment considered legal provisions, factual submissions, and relevant precedents to render a fair and reasoned decision. en-us Thu, 31 May 2012 00:00:00 +0530 Wed, 04 Jul 2012 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214494 The Tribunal partially allowed the appellant's appeal, remitting one issue for verification under Sec. 40(a)(ia), upholding the addition under Sec. 40A(3) for cash payments exceeding Rs.20,000, and modifying the decision on the addition on account of Gross Profit. The appellant was granted a hearing opportunity, and the judgment considered legal provisions, factual submissions, and relevant precedents to render a fair and reasoned decision. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214494