https://www.taxtmi.com/caselaws?id=179676 The Tribunal dismissed the department's appeal, upholding CIT(A)'s orders on both issues. It confirmed that the cash payments made by the assessee did not exceed the limit under sec. 40A(3), thus no disallowance was warranted. Additionally, it ruled that sec. 43B was not applicable to the unpaid service tax as it was not claimed in the P&L A/c, aligning with legal precedents. The decision was based on factual findings and legal reasoning, ultimately favoring the assessee and dismissing the department's appeal. en-us Thu, 09 Aug 2012 00:00:00 +0530 Mon, 07 Mar 2016 18:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179676 The Tribunal dismissed the department's appeal, upholding CIT(A)'s orders on both issues. It confirmed that the cash payments made by the assessee did not exceed the limit under sec. 40A(3), thus no disallowance was warranted. Additionally, it ruled that sec. 43B was not applicable to the unpaid service tax as it was not claimed in the P&L A/c, aligning with legal precedents. The decision was based on factual findings and legal reasoning, ultimately favoring the assessee and dismissing the department's appeal. Case-Laws Income Tax Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179676