https://www.taxtmi.com/caselaws?id=300566 The appeal was partly allowed, with specific issues remanded to the Assessing Officer for fresh consideration. The tribunal emphasized the need to examine the commercial expediency of advances and the proper application of Section 40A(3) regarding cash payments. The issue of jurisdiction was not adjudicated due to the partial allowance of the appeal on merits. en-us Fri, 26 Jul 2019 00:00:00 +0530 Sat, 12 Feb 2022 09:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300566 The appeal was partly allowed, with specific issues remanded to the Assessing Officer for fresh consideration. The tribunal emphasized the need to examine the commercial expediency of advances and the proper application of Section 40A(3) regarding cash payments. The issue of jurisdiction was not adjudicated due to the partial allowance of the appeal on merits. Case-Laws Income Tax Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300566