https://www.taxtmi.com/caselaws?id=28631 Cash payments exceeding the prescribed limit were examined under Section 40A(3), but the Tribunal accepted supplier certificates showing that payment by crossed cheque or bank draft was not feasible in the transactions. The Court treated the matter as chiefly factual, found no legal error in the Tribunal's appreciation of the evidence, and accepted that the surrounding circumstances brought the payments within Rule 6DD. The disallowance was therefore correctly deleted and the assessee obtained the benefit of the exception. en-us Mon, 10 Jan 1983 00:00:00 +0530 Wed, 24 Feb 2010 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28631 Cash payments exceeding the prescribed limit were examined under Section 40A(3), but the Tribunal accepted supplier certificates showing that payment by crossed cheque or bank draft was not feasible in the transactions. The Court treated the matter as chiefly factual, found no legal error in the Tribunal's appreciation of the evidence, and accepted that the surrounding circumstances brought the payments within Rule 6DD. The disallowance was therefore correctly deleted and the assessee obtained the benefit of the exception. Case-Laws Income Tax Mon, 10 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28631