https://www.taxtmi.com/caselaws?id=284592 The Tribunal allowed the appeal, deleting the addition made under section 40A(3) of the Income Tax Act, 1961. It found that the cash payments to farmers for the purchase of agricultural lands were genuine, identifiable, and made due to business expediency. Relying on precedents, the Tribunal concluded that no disallowance was warranted as the payments were genuine and made for legitimate business reasons. en-us Fri, 30 Nov 2018 00:00:00 +0530 Thu, 28 Nov 2019 10:20:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284592 The Tribunal allowed the appeal, deleting the addition made under section 40A(3) of the Income Tax Act, 1961. It found that the cash payments to farmers for the purchase of agricultural lands were genuine, identifiable, and made due to business expediency. Relying on precedents, the Tribunal concluded that no disallowance was warranted as the payments were genuine and made for legitimate business reasons. Case-Laws Income Tax Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284592