https://www.taxtmi.com/caselaws?id=388987 Cash payments for land purchases routed through an agent to identifiable small farmers were held not to justify disallowance under section 40A(3) where the record included agreements, affidavits, vouchers and ryotwari passbooks supporting the payments. The materials showed that the recipients were identifiable and that the agent had been engaged to procure the lands and disburse the amounts. As the genuineness of the payments was not in dispute and the factual basis for invoking section 40A(3) was not established, the addition was deleted. 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 Cash payments for land purchases routed through an agent to identifiable small farmers were held not to justify disallowance under section 40A(3) where the record included agreements, affidavits, vouchers and ryotwari passbooks supporting the payments. The materials showed that the recipients were identifiable and that the agent had been engaged to procure the lands and disburse the amounts. As the genuineness of the payments was not in dispute and the factual basis for invoking section 40A(3) was not established, the addition was deleted. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388987