https://www.taxtmi.com/caselaws?id=310939 Cash payments for packing and advertising expenses were disallowed under section 40A(3) because the claimed rule 6DD(f) exception was not substantiated by evidence, so the disallowance was upheld. The addition for unexplained cash balance was sustained because the explanation that it represented a customer advance lacked confirmation and verifiable details, leaving the source unproved. The surrendered stock valuation was remitted for fresh verification because the record did not clearly show whether the excess stock comprised only gold or also diamond and coloured stones, making factual re-examination necessary. en-us Mon, 27 Nov 2017 00:00:00 +0530 Tue, 28 Nov 2023 06:09:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310939 Cash payments for packing and advertising expenses were disallowed under section 40A(3) because the claimed rule 6DD(f) exception was not substantiated by evidence, so the disallowance was upheld. The addition for unexplained cash balance was sustained because the explanation that it represented a customer advance lacked confirmation and verifiable details, leaving the source unproved. The surrendered stock valuation was remitted for fresh verification because the record did not clearly show whether the excess stock comprised only gold or also diamond and coloured stones, making factual re-examination necessary. Case-Laws Income Tax Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310939