https://www.taxtmi.com/caselaws?id=260281 Proof of payment by account payee cheque and deduction of tax at source does not by itself establish that land development charges or commission were incurred wholly and exclusively for business purposes; supporting evidence of the nature and necessity of the expenditure remained essential, so both claims were remanded for fresh verification. Cash payments to landowners in remote village projects were treated as falling within the statutory exception to section 40A(3) because banking facilities were unavailable at those locations, and that relief was upheld. en-us Fri, 08 May 2015 00:00:00 +0530 Mon, 08 Jun 2015 08:23:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260281 Proof of payment by account payee cheque and deduction of tax at source does not by itself establish that land development charges or commission were incurred wholly and exclusively for business purposes; supporting evidence of the nature and necessity of the expenditure remained essential, so both claims were remanded for fresh verification. Cash payments to landowners in remote village projects were treated as falling within the statutory exception to section 40A(3) because banking facilities were unavailable at those locations, and that relief was upheld. Case-Laws Income Tax Fri, 08 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260281