https://www.taxtmi.com/caselaws?id=15973 Cash payment of market fees above the prescribed limit remained disallowable under section 40A(3) because the assessee paid in cash and failed to prove any accepted exception such as business exigency or lack of banking facilities; the disallowance was sustained. Interest payable to the Government of Haryana on arrears of purchase tax, though treated as tax for collection and recovery under section 59(2) of the Haryana Act, was not converted into tax under the Income-tax Act; the deeming fiction was confined to recovery and section 43B did not apply, so the amount was outside that disallowance provision. en-us Tue, 04 May 1999 00:00:00 +0530 Mon, 31 Aug 2009 12:47:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15973 Cash payment of market fees above the prescribed limit remained disallowable under section 40A(3) because the assessee paid in cash and failed to prove any accepted exception such as business exigency or lack of banking facilities; the disallowance was sustained. Interest payable to the Government of Haryana on arrears of purchase tax, though treated as tax for collection and recovery under section 59(2) of the Haryana Act, was not converted into tax under the Income-tax Act; the deeming fiction was confined to recovery and section 43B did not apply, so the amount was outside that disallowance provision. Case-Laws Income Tax Tue, 04 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15973