https://www.taxtmi.com/caselaws?id=216306 The Tribunal ruled in favor of the assessee regarding the disallowance under section 40A(3) for multiple cash payments to the same party on a single day, citing the non-retrospective nature of the amendment. The ground related to the disallowance of license fee payment was dismissed as not pressed, resulting in the partial allowance of the appeal. en-us Wed, 20 Jun 2012 00:00:00 +0530 Thu, 06 Sep 2012 04:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216306 The Tribunal ruled in favor of the assessee regarding the disallowance under section 40A(3) for multiple cash payments to the same party on a single day, citing the non-retrospective nature of the amendment. The ground related to the disallowance of license fee payment was dismissed as not pressed, resulting in the partial allowance of the appeal. Case-Laws Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216306