https://www.taxtmi.com/caselaws?id=27824 The High Court ruled in favor of the assessee, emphasizing the validity of the agreement for cash payments under Income-tax Rules and the exceptional circumstances justifying the non-use of crossed cheques or bank drafts. The Court held that the payments were bona fide, covered by rule 6DD, and not subject to disallowance under section 40A(3) of the Income-tax Act. The decision favored the assessee, highlighting the importance of the agreement and the applicability of rule 6DD in allowing the cash payments, ultimately rejecting the Department's claim for disallowance. en-us Mon, 13 Aug 1984 00:00:00 +0530 Tue, 16 Feb 2010 12:51:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27824 The High Court ruled in favor of the assessee, emphasizing the validity of the agreement for cash payments under Income-tax Rules and the exceptional circumstances justifying the non-use of crossed cheques or bank drafts. The Court held that the payments were bona fide, covered by rule 6DD, and not subject to disallowance under section 40A(3) of the Income-tax Act. The decision favored the assessee, highlighting the importance of the agreement and the applicability of rule 6DD in allowing the cash payments, ultimately rejecting the Department's claim for disallowance. Case-Laws Income Tax Mon, 13 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27824