https://www.taxtmi.com/caselaws?id=243428 Disallowance for cash payments was examined where an assessees purchased recharge vouchers and paid a telecommunications vendor in cash; the court found the transactions genuine and lifted the rigors of the cashpayment restriction because the vendor required cash and deposited receipts in bank, and cheque payments would have delayed supply and harmed business. The court applied a liberal view of exceptions to cashpayment rules based on prior judicial guidance but limited that relief to payments made to the telecommunications vendor and not to two other suppliers, resulting in relief to the assessee for those payments. en-us Wed, 22 Jan 2014 00:00:00 +0530 Thu, 05 Feb 2026 14:49:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243428 Disallowance for cash payments was examined where an assessees purchased recharge vouchers and paid a telecommunications vendor in cash; the court found the transactions genuine and lifted the rigors of the cashpayment restriction because the vendor required cash and deposited receipts in bank, and cheque payments would have delayed supply and harmed business. The court applied a liberal view of exceptions to cashpayment rules based on prior judicial guidance but limited that relief to payments made to the telecommunications vendor and not to two other suppliers, resulting in relief to the assessee for those payments. Case-Laws Income Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243428