https://www.taxtmi.com/caselaws?id=263296 The judgment allowed the appeal, addressing both substantial questions of law raised by the appellant. The disallowance of the insurance claim written off for an earlier year and the restriction on cash transactions under Section 40A(3) of the Income Tax Act were upheld, emphasizing the correct application of the Income Tax Act provisions for the respective assessment year. en-us Wed, 22 Jul 2015 00:00:00 +0530 Mon, 31 Aug 2015 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263296 The judgment allowed the appeal, addressing both substantial questions of law raised by the appellant. The disallowance of the insurance claim written off for an earlier year and the restriction on cash transactions under Section 40A(3) of the Income Tax Act were upheld, emphasizing the correct application of the Income Tax Act provisions for the respective assessment year. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263296