https://www.taxtmi.com/caselaws?id=377553 The High Court upheld the disallowance of cash payments under Section 40A(3) of the Income Tax Act, 1961, as the appellant failed to meet the conditions specified in Rule 6DD(j) of the Income Tax Rules, 1962. Despite claiming commercial expediency, the appellant could not substantiate circumstances warranting an exception under the rule. The court found no grounds for exemption and dismissed the appeal without costs, as no substantial question of law arose. en-us Tue, 22 Jan 2019 00:00:00 +0530 Sat, 30 Mar 2019 09:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377553 The High Court upheld the disallowance of cash payments under Section 40A(3) of the Income Tax Act, 1961, as the appellant failed to meet the conditions specified in Rule 6DD(j) of the Income Tax Rules, 1962. Despite claiming commercial expediency, the appellant could not substantiate circumstances warranting an exception under the rule. The court found no grounds for exemption and dismissed the appeal without costs, as no substantial question of law arose. Case-Laws Income Tax Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377553