https://www.taxtmi.com/caselaws?id=374091 The Appellate Tribunal partly allowed the appeal in the case. The disallowance under section 40A(3) of the Income Tax Act was upheld due to lack of documentary evidence supporting cash payments. However, the addition of undisclosed income was overturned as the ledger account proved reimbursement of expenses, not undisclosed income. The disallowance of delayed payment of provident fund was partially granted based on grace period rules. The Tribunal directed the Assessing Officer to allow the deduction for delayed remittance of provident fund, resulting in a partial success for the appellant. en-us Wed, 24 Oct 2018 00:00:00 +0530 Thu, 24 Jan 2019 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374091 The Appellate Tribunal partly allowed the appeal in the case. The disallowance under section 40A(3) of the Income Tax Act was upheld due to lack of documentary evidence supporting cash payments. However, the addition of undisclosed income was overturned as the ledger account proved reimbursement of expenses, not undisclosed income. The disallowance of delayed payment of provident fund was partially granted based on grace period rules. The Tribunal directed the Assessing Officer to allow the deduction for delayed remittance of provident fund, resulting in a partial success for the appellant. Case-Laws Income Tax Wed, 24 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374091