https://www.taxtmi.com/caselaws?id=432234 The Tribunal allowed the appeal of the assessee, ruling that the provisions of section 40A(3) were not applicable to cash payments exceeding Rs.10,000 made to Spanco Nagpur Discon Ltd. (SNDL) on behalf of Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). The Tribunal considered SNDL as an agent of the State of Maharashtra, falling under the exception in Rule 6DD(b) of the Income Tax Act. The order confirming the addition of Rs.1,92,190 was deemed unjustified, and the appeal grounds were upheld. en-us Thu, 15 Dec 2022 00:00:00 +0530 Sat, 31 Dec 2022 08:45:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432234 The Tribunal allowed the appeal of the assessee, ruling that the provisions of section 40A(3) were not applicable to cash payments exceeding Rs.10,000 made to Spanco Nagpur Discon Ltd. (SNDL) on behalf of Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). The Tribunal considered SNDL as an agent of the State of Maharashtra, falling under the exception in Rule 6DD(b) of the Income Tax Act. The order confirming the addition of Rs.1,92,190 was deemed unjustified, and the appeal grounds were upheld. Case-Laws Income Tax Thu, 15 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432234