https://www.taxtmi.com/caselaws?id=258911 The Tribunal quashed the Commissioner of Income Tax's order under Section 263, finding that the Assessing Officer had properly examined the transport expenses and cash payments did not exceed Rs. 20,000 as required by law for the relevant assessment year. The Tribunal held that the Commissioner's order lacked justification as there was no evident violation of Section 40A(3). Consequently, the Assessee's appeal was successful, and the decision was announced in open court. en-us Wed, 25 Feb 2015 00:00:00 +0530 Fri, 24 Apr 2015 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258911 The Tribunal quashed the Commissioner of Income Tax's order under Section 263, finding that the Assessing Officer had properly examined the transport expenses and cash payments did not exceed Rs. 20,000 as required by law for the relevant assessment year. The Tribunal held that the Commissioner's order lacked justification as there was no evident violation of Section 40A(3). Consequently, the Assessee's appeal was successful, and the decision was announced in open court. Case-Laws Income Tax Wed, 25 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258911