https://www.taxtmi.com/caselaws?id=237442 The High Court dismissed the income tax appeal, finding that no substantial question of law arose for consideration. The judgment analyzed Section 40A(3), Rule 6DD exemptions, and the applicability of Circulars in the context of cash payments exceeding Rs.20,000. The court held that disallowance under Section 40A(3) was not applicable in this case, as the purchases made through commission agents fell within the exemptions provided under Rule 6DD (e) and (k). en-us Thu, 29 Aug 2013 00:00:00 +0530 Fri, 27 Sep 2013 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237442 The High Court dismissed the income tax appeal, finding that no substantial question of law arose for consideration. The judgment analyzed Section 40A(3), Rule 6DD exemptions, and the applicability of Circulars in the context of cash payments exceeding Rs.20,000. The court held that disallowance under Section 40A(3) was not applicable in this case, as the purchases made through commission agents fell within the exemptions provided under Rule 6DD (e) and (k). Case-Laws Income Tax Thu, 29 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237442