https://www.taxtmi.com/caselaws?id=282999 The Tribunal allowed the appeal, ruling in favor of the assessee, stating that the disallowance under section 40A(3) of the Income Tax Act was not justified. The Tribunal found that the payments made to the wholesale licensee were not in violation of the Act as the licensee was deemed an agent of the State Government. Citing commercial expediency and the exemption under the Income Tax Rules, the Tribunal held that the disallowance could not be sustained. The order was pronounced on September 16, 2016. en-us Fri, 16 Sep 2016 00:00:00 +0530 Tue, 03 Sep 2019 08:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282999 The Tribunal allowed the appeal, ruling in favor of the assessee, stating that the disallowance under section 40A(3) of the Income Tax Act was not justified. The Tribunal found that the payments made to the wholesale licensee were not in violation of the Act as the licensee was deemed an agent of the State Government. Citing commercial expediency and the exemption under the Income Tax Rules, the Tribunal held that the disallowance could not be sustained. The order was pronounced on September 16, 2016. Case-Laws Income Tax Fri, 16 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282999