https://www.taxtmi.com/caselaws?id=768703 The SC dismissed the Special Leave Petition challenging the HC's decision adding cash transactions under Section 40A(3). The assessee failed to prove representation of a syndicate or collection of cash from syndicate members for payment. The Tribunal rightly held that no exceptional circumstances justified cash payment exempting Section 40A(3). The Court found no reason to interfere with the HC's order. en-us Tue, 08 Apr 2025 00:00:00 +0530 Mon, 04 Aug 2025 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768703 The SC dismissed the Special Leave Petition challenging the HC's decision adding cash transactions under Section 40A(3). The assessee failed to prove representation of a syndicate or collection of cash from syndicate members for payment. The Tribunal rightly held that no exceptional circumstances justified cash payment exempting Section 40A(3). The Court found no reason to interfere with the HC's order. Case-Laws Income Tax Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768703