https://www.taxtmi.com/caselaws?id=264971 The Tribunal upheld the addition under section 40A(3) of the Income Tax Act, dismissing the appellant's arguments regarding cash payments exceeding Rs. 20,000 to various parties. Additionally, the Tribunal affirmed the disallowance of interest under sections 234A, 234B, and 234C, ruling that the charging of interest was mandatory and justified. The judgment, delivered on September 4, 2015, upheld the decisions of the Commissioner of Income Tax (Appeals) and denied relief to the appellant. en-us Fri, 04 Sep 2015 00:00:00 +0530 Mon, 05 Oct 2015 06:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264971 The Tribunal upheld the addition under section 40A(3) of the Income Tax Act, dismissing the appellant's arguments regarding cash payments exceeding Rs. 20,000 to various parties. Additionally, the Tribunal affirmed the disallowance of interest under sections 234A, 234B, and 234C, ruling that the charging of interest was mandatory and justified. The judgment, delivered on September 4, 2015, upheld the decisions of the Commissioner of Income Tax (Appeals) and denied relief to the appellant. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264971