https://www.taxtmi.com/caselaws?id=332739 Cash payments for kerosene oil purchases were held to fall within the statutory exception in Rule 6DD(h) because the business was carried on from a village without banking facilities and cheque payments were impracticable in the regulated distribution arrangement. On those undisputed facts, section 40A(3) disallowance could not be sustained, and the expenditure was allowed. The reasoning was supported by earlier jurisdictional precedent on similar facts. en-us Fri, 12 Aug 2016 00:00:00 +0530 Sat, 24 Sep 2016 09:24:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332739 Cash payments for kerosene oil purchases were held to fall within the statutory exception in Rule 6DD(h) because the business was carried on from a village without banking facilities and cheque payments were impracticable in the regulated distribution arrangement. On those undisputed facts, section 40A(3) disallowance could not be sustained, and the expenditure was allowed. The reasoning was supported by earlier jurisdictional precedent on similar facts. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332739