https://www.taxtmi.com/caselaws?id=410346 The Tribunal overturned the Commissioner of Income Tax (Appeals)' decision disallowing cash payments made by the appellant under section 40(A)(3) of the Income Tax Act. It held that the appellant acted as an agent of the housing society in land transactions, allowing the appeal and emphasizing the necessity and validity of the cash payments made for land purchase. en-us Fri, 23 Jul 2021 00:00:00 +0530 Thu, 29 Jul 2021 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410346 The Tribunal overturned the Commissioner of Income Tax (Appeals)' decision disallowing cash payments made by the appellant under section 40(A)(3) of the Income Tax Act. It held that the appellant acted as an agent of the housing society in land transactions, allowing the appeal and emphasizing the necessity and validity of the cash payments made for land purchase. Case-Laws Income Tax Fri, 23 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410346