https://www.taxtmi.com/forum/issue?id=2015 A contractor's lump sum cash payments for labour were partly disallowed by the assessing officer because of the mode of payment; the taxpayer must demonstrate the genuineness of expenditures with detailed supporting particulars. Deductibility hinges on facts and circumstances, whether an opportunity to explain was provided, and the sufficiency of contemporaneous evidence showing that cash payments do not breach the prohibition on certain cash deductions. en-us Fri, 25 Jun 2010 06:56:19 +0530 Thu, 23 Jan 2025 15:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2015 A contractor's lump sum cash payments for labour were partly disallowed by the assessing officer because of the mode of payment; the taxpayer must demonstrate the genuineness of expenditures with detailed supporting particulars. Deductibility hinges on facts and circumstances, whether an opportunity to explain was provided, and the sufficiency of contemporaneous evidence showing that cash payments do not breach the prohibition on certain cash deductions. Discussion-Forum Income Tax Fri, 25 Jun 2010 06:56:19 +0530 https://www.taxtmi.com/forum/issue?id=2015