https://www.taxtmi.com/caselaws?id=373889 The tribunal allowed the assessee's appeal regarding the disallowance of business promotion expenses under Section 40A(3) of the Income Tax Act. The tribunal accepted the assessee's argument that payments were made via account payee cheques, directing a reevaluation by the Assessing Officer with the opportunity for the assessee to provide further details. This decision emphasized the importance of adherence to legal provisions and due process in tax assessments, ultimately resulting in the allowance of the appeal for statistical purposes. en-us Mon, 10 Dec 2018 00:00:00 +0530 Tue, 22 Jan 2019 08:05:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373889 The tribunal allowed the assessee's appeal regarding the disallowance of business promotion expenses under Section 40A(3) of the Income Tax Act. The tribunal accepted the assessee's argument that payments were made via account payee cheques, directing a reevaluation by the Assessing Officer with the opportunity for the assessee to provide further details. This decision emphasized the importance of adherence to legal provisions and due process in tax assessments, ultimately resulting in the allowance of the appeal for statistical purposes. Case-Laws Income Tax Mon, 10 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373889