https://www.taxtmi.com/caselaws?id=266141 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision on both issues. The cash payment to the partner was deemed genuine and duly recorded, while the purchases in question were found to be for business purposes, supported by proper documentation and business activities. en-us Wed, 06 May 2015 00:00:00 +0530 Sat, 17 Oct 2015 23:27:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266141 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision on both issues. The cash payment to the partner was deemed genuine and duly recorded, while the purchases in question were found to be for business purposes, supported by proper documentation and business activities. Case-Laws Income Tax Wed, 06 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266141