https://www.taxtmi.com/caselaws?id=189773 The ITAT Delhi allowed the appeal on specific grounds raised by the appellant regarding the disallowance of expenses and payments under Section 40A(3) for the AY 2009-10. The ITAT directed reassessment on certain issues, emphasizing the need for proper documentation and verification of payments to ensure compliance with tax laws. The decision overturned the CIT(A)'s disallowances related to purchases made on Sundays, holidays, or bank closed days under Section 40A(3) if payments were recorded in separate books on such days. en-us Tue, 30 Sep 2014 00:00:00 +0530 Thu, 19 Jan 2017 20:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189773 The ITAT Delhi allowed the appeal on specific grounds raised by the appellant regarding the disallowance of expenses and payments under Section 40A(3) for the AY 2009-10. The ITAT directed reassessment on certain issues, emphasizing the need for proper documentation and verification of payments to ensure compliance with tax laws. The decision overturned the CIT(A)'s disallowances related to purchases made on Sundays, holidays, or bank closed days under Section 40A(3) if payments were recorded in separate books on such days. Case-Laws Income Tax Tue, 30 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189773