https://www.taxtmi.com/caselaws?id=26207 The High Court upheld the Tribunal's decision regarding a cash payment of Rs. 35,000 made under exceptional circumstances, finding it to be a factual determination not challengeable as a question of law. The Court emphasized that the payment could have been verified by the assessing authority and dismissed the application under section 256(2) of the Income-tax Act, ruling out tax avoidance due to the verifiability of the payment to the recipient firm. en-us Tue, 08 Oct 1985 00:00:00 +0530 Wed, 03 Feb 2010 13:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26207 The High Court upheld the Tribunal's decision regarding a cash payment of Rs. 35,000 made under exceptional circumstances, finding it to be a factual determination not challengeable as a question of law. The Court emphasized that the payment could have been verified by the assessing authority and dismissed the application under section 256(2) of the Income-tax Act, ruling out tax avoidance due to the verifiability of the payment to the recipient firm. Case-Laws Income Tax Tue, 08 Oct 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26207