https://www.taxtmi.com/caselaws?id=164047 Input-tax credit could not be denied solely because every prescribed detail was missing from the seller's bills and money receipts, where the essential particulars were available and the transaction could be verified; the authorities were required to examine genuineness rather than reject the claim outright. Payment by account payee cheque or draft was also treated as directory, not mandatory, because the payment rule was aimed at preventing false claims and contained an exception reflecting practical banking constraints. Since payment was made through bank to a State undertaking and the genuineness of the sale remained open to verification, the disallowance was set aside and the claim left for fresh examination on the supporting documents. en-us Tue, 05 May 2009 00:00:00 +0530 Wed, 16 Apr 2014 17:49:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164047 Input-tax credit could not be denied solely because every prescribed detail was missing from the seller's bills and money receipts, where the essential particulars were available and the transaction could be verified; the authorities were required to examine genuineness rather than reject the claim outright. Payment by account payee cheque or draft was also treated as directory, not mandatory, because the payment rule was aimed at preventing false claims and contained an exception reflecting practical banking constraints. Since payment was made through bank to a State undertaking and the genuineness of the sale remained open to verification, the disallowance was set aside and the claim left for fresh examination on the supporting documents. Case-Laws VAT and Sales Tax Tue, 05 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164047