https://www.taxtmi.com/caselaws?id=275001 The Third Member of ITAT Jaipur concurred with the Accountant Member's view that no disallowance should be made under section 40A(3) of the Income Tax Act. The decision emphasized the business necessity for continuous electricity supply and absence of banking facilities for bill payments, supporting the assessee's appeal. The Third Member stressed the importance of following legislative provisions to prevent redundancy in tax law application, disagreeing with the Judicial Member's narrow reasoning. Ultimately, the Third Member's detailed analysis led to allowing the appeal, ensuring compliance with legal requirements and business expediency. en-us Tue, 14 Feb 2017 00:00:00 +0530 Thu, 13 Sep 2018 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275001 The Third Member of ITAT Jaipur concurred with the Accountant Member's view that no disallowance should be made under section 40A(3) of the Income Tax Act. The decision emphasized the business necessity for continuous electricity supply and absence of banking facilities for bill payments, supporting the assessee's appeal. The Third Member stressed the importance of following legislative provisions to prevent redundancy in tax law application, disagreeing with the Judicial Member's narrow reasoning. Ultimately, the Third Member's detailed analysis led to allowing the appeal, ensuring compliance with legal requirements and business expediency. Case-Laws Income Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275001