https://www.taxtmi.com/caselaws?id=29578 The High Court of Punjab and Haryana upheld the Tribunal's decision in a case involving an assessee-firm making cash payments exceeding Rs. 2,500 for purchases. The Court found that the payments were justified under rule 6DD(j) of the Income-tax Rules due to exceptional circumstances faced by the assessee. Despite the revenue's argument against accepting an affidavit as evidence, the Court ruled in favor of the assessee, dismissing the revenue's petition and affirming the deletion of the disallowed amount of Rs. 80,000. en-us Sat, 23 Aug 1980 00:00:00 +0530 Sat, 13 Mar 2010 17:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29578 The High Court of Punjab and Haryana upheld the Tribunal's decision in a case involving an assessee-firm making cash payments exceeding Rs. 2,500 for purchases. The Court found that the payments were justified under rule 6DD(j) of the Income-tax Rules due to exceptional circumstances faced by the assessee. Despite the revenue's argument against accepting an affidavit as evidence, the Court ruled in favor of the assessee, dismissing the revenue's petition and affirming the deletion of the disallowed amount of Rs. 80,000. Case-Laws Income Tax Sat, 23 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29578