https://www.taxtmi.com/caselaws?id=332893 The Tribunal allowed the appeal, overturning the disallowance of Rs. 76,24,680 under Section 40A(3) of the Income Tax Act. It held that the cash payments made by the assessee to a government agent for statutory obligations were genuine and made under compulsion, therefore not subject to disallowance. The Tribunal emphasized the necessity of the transactions and the compliance with statutory requirements, ultimately ruling in favor of the assessee on 12/08/2016. en-us Fri, 12 Aug 2016 00:00:00 +0530 Tue, 27 Sep 2016 22:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332893 The Tribunal allowed the appeal, overturning the disallowance of Rs. 76,24,680 under Section 40A(3) of the Income Tax Act. It held that the cash payments made by the assessee to a government agent for statutory obligations were genuine and made under compulsion, therefore not subject to disallowance. The Tribunal emphasized the necessity of the transactions and the compliance with statutory requirements, ultimately ruling in favor of the assessee on 12/08/2016. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332893