https://www.taxtmi.com/caselaws?id=388398 The Tribunal allowed the appeal in part. It upheld the addition under Section 43B for excise duty payments, as the assessee had made the necessary payments. The addition under Section 40A(3) for cash payments was also dismissed, considering the genuine business exigencies and transactions. However, the disallowance of depreciation on the motor lorry was upheld due to the lack of supporting evidence. en-us Wed, 30 Oct 2019 00:00:00 +0530 Thu, 14 Nov 2019 18:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388398 The Tribunal allowed the appeal in part. It upheld the addition under Section 43B for excise duty payments, as the assessee had made the necessary payments. The addition under Section 40A(3) for cash payments was also dismissed, considering the genuine business exigencies and transactions. However, the disallowance of depreciation on the motor lorry was upheld due to the lack of supporting evidence. Case-Laws Income Tax Wed, 30 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388398