https://www.taxtmi.com/forum/issue?id=105894 A taxpayer queried whether cash payments to transporters exceeding the statutory ceiling can be allowed as business expenditure when supported by written consent and PAN. The headnote explains that section 40A(3) restricts deductions for such cash payments to prevent fake transactions, and that unless the payment qualifies under the exemptions in Rule 6DD, the expenditure is vulnerable to disallowance despite written confirmation and PAN. en-us Thu, 18 Jul 2013 00:24:59 +0530 Thu, 23 Jan 2025 15:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105894 A taxpayer queried whether cash payments to transporters exceeding the statutory ceiling can be allowed as business expenditure when supported by written consent and PAN. The headnote explains that section 40A(3) restricts deductions for such cash payments to prevent fake transactions, and that unless the payment qualifies under the exemptions in Rule 6DD, the expenditure is vulnerable to disallowance despite written confirmation and PAN. Discussion-Forum Income Tax Thu, 18 Jul 2013 00:24:59 +0530 https://www.taxtmi.com/forum/issue?id=105894