https://www.taxtmi.com/caselaws?id=258486 The Tribunal dismissed the grounds related to the disallowance under Section 40A(3) of the Income Tax Act, upholding the disallowance of cash payments exceeding Rs. 20,000/- made to kerosene distributors. However, the Tribunal allowed the ground related to the deduction under Section 80P(2)(a)(i) for fresh consideration by the Commissioner of Income Tax (Appeals), providing the assessee with an opportunity for a new decision on this issue. The appeal was partly allowed. en-us Fri, 19 Dec 2014 00:00:00 +0530 Sat, 11 Apr 2015 00:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258486 The Tribunal dismissed the grounds related to the disallowance under Section 40A(3) of the Income Tax Act, upholding the disallowance of cash payments exceeding Rs. 20,000/- made to kerosene distributors. However, the Tribunal allowed the ground related to the deduction under Section 80P(2)(a)(i) for fresh consideration by the Commissioner of Income Tax (Appeals), providing the assessee with an opportunity for a new decision on this issue. The appeal was partly allowed. Case-Laws Income Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258486