https://www.taxtmi.com/caselaws?id=344217 The Tribunal allowed the appeal, ruling that cash payments to WBSEDCL were exempt under Rule 6DD(b) of the IT Rules, and disallowance under Section 40A(3) was not justified. The Tribunal emphasized the genuineness of transactions and exemptions for payments to government entities, holding that Section 40A(3) did not apply in this case. The AO was directed to delete the disallowance, supporting the assessee's position. en-us Wed, 07 Jun 2017 00:00:00 +0530 Mon, 12 Jun 2017 09:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344217 The Tribunal allowed the appeal, ruling that cash payments to WBSEDCL were exempt under Rule 6DD(b) of the IT Rules, and disallowance under Section 40A(3) was not justified. The Tribunal emphasized the genuineness of transactions and exemptions for payments to government entities, holding that Section 40A(3) did not apply in this case. The AO was directed to delete the disallowance, supporting the assessee's position. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344217