https://www.taxtmi.com/caselaws?id=178136 The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed for the assessment year 2008-09 under section 143(3) of the Income-tax Act, 1961. The ITAT upheld the deletion of cash payments for land purchase and land development expenses while finding no merit in the non-compliance allegation. The disallowance under section 40A(3) was remitted back for fresh examination due to lack of scrutiny, and the interest levy challenge was rejected. The judgment was pronounced on June 21, 2013, at Chennai. en-us Fri, 21 Jun 2013 00:00:00 +0530 Thu, 28 Jan 2016 18:44:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178136 The Revenue's appeal was dismissed, and the assessee's appeal was partly allowed for the assessment year 2008-09 under section 143(3) of the Income-tax Act, 1961. The ITAT upheld the deletion of cash payments for land purchase and land development expenses while finding no merit in the non-compliance allegation. The disallowance under section 40A(3) was remitted back for fresh examination due to lack of scrutiny, and the interest levy challenge was rejected. The judgment was pronounced on June 21, 2013, at Chennai. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178136