https://www.taxtmi.com/caselaws?id=388987 The Tribunal allowed the appellant's appeal, setting aside the addition made under Section 40A(3) of the Income Tax Act, 1961 for the Assessment Year 2005-06. The Tribunal found that the payments made through an agent to farmers were genuine and supported by affidavits and passbooks. It concluded that there was no basis for disallowance under Section 40A(3) as all recipients were identifiable and the evidence corroborated the appellant's explanations. The Tribunal overturned the Commissioner's decision based on this analysis. en-us Fri, 08 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 13:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388987 The Tribunal allowed the appellant's appeal, setting aside the addition made under Section 40A(3) of the Income Tax Act, 1961 for the Assessment Year 2005-06. The Tribunal found that the payments made through an agent to farmers were genuine and supported by affidavits and passbooks. It concluded that there was no basis for disallowance under Section 40A(3) as all recipients were identifiable and the evidence corroborated the appellant's explanations. The Tribunal overturned the Commissioner's decision based on this analysis. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388987