https://www.taxtmi.com/caselaws?id=283590 The High Court upheld the Tribunal's decision to allow the repair and maintenance expenses claimed by the assessee, finding the reasons for increased expenses valid. Additionally, the Court dismissed the disallowance under Section 40A(3) due to lack of evidence supporting cash payments exceeding the threshold. The Court emphasized the Tribunal's reliance on factual evidence and absence of legal issues, leading to the dismissal of the appeal challenging the ITAT order. en-us Tue, 27 Nov 2012 00:00:00 +0530 Tue, 01 Oct 2019 12:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283590 The High Court upheld the Tribunal's decision to allow the repair and maintenance expenses claimed by the assessee, finding the reasons for increased expenses valid. Additionally, the Court dismissed the disallowance under Section 40A(3) due to lack of evidence supporting cash payments exceeding the threshold. The Court emphasized the Tribunal's reliance on factual evidence and absence of legal issues, leading to the dismissal of the appeal challenging the ITAT order. Case-Laws Income Tax Tue, 27 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283590