https://www.taxtmi.com/caselaws?id=776188 ITAT Pune restored all three issues to the AO for fresh adjudication with due opportunity to the assessee. Regarding disallowance u/s 40(a)(ia), the AO was directed to verify whether TDS was deducted and paid within the prescribed time before disallowing the deduction. On addition u/s 40A(3) for alleged cash payments exceeding Rs. 20,000, the matter was remanded due to lack of remand report and the assessee's denial of such payments. For addition u/s 68, concerning unexplained cash credits, the AO was instructed to reassess the genuineness of loans after the assessee furnishes satisfactory evidence of creditors' identity and creditworthiness. The CIT(A) and NFAC orders were found cryptic and inadequate, necessitating reconsideration in accordance with law. All appeals by the Revenue were allowed for statistical purposes. en-us Mon, 28 Jul 2025 00:00:00 +0530 Wed, 06 Aug 2025 08:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776188 ITAT Pune restored all three issues to the AO for fresh adjudication with due opportunity to the assessee. Regarding disallowance u/s 40(a)(ia), the AO was directed to verify whether TDS was deducted and paid within the prescribed time before disallowing the deduction. On addition u/s 40A(3) for alleged cash payments exceeding Rs. 20,000, the matter was remanded due to lack of remand report and the assessee's denial of such payments. For addition u/s 68, concerning unexplained cash credits, the AO was instructed to reassess the genuineness of loans after the assessee furnishes satisfactory evidence of creditors' identity and creditworthiness. The CIT(A) and NFAC orders were found cryptic and inadequate, necessitating reconsideration in accordance with law. All appeals by the Revenue were allowed for statistical purposes. Case-Laws Income Tax Mon, 28 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776188