https://www.taxtmi.com/highlights?id=96855 Disallowance under the cash-payment restriction was contested for director remuneration; the tribunal examined ledger entries and found no single-day cash payment exceeding the statutory cash threshold because salaries were paid monthly. The legal basis addressed was whether cash disbursements contravened the prohibition on large cash payments to related parties; finding no violation, the tribunal held the disallowance unjustified and allowed the claim in favour of the taxpayer. en-us Fri, 13 Feb 2026 14:13:40 +0530 Fri, 13 Feb 2026 14:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96855 Disallowance under the cash-payment restriction was contested for director remuneration; the tribunal examined ledger entries and found no single-day cash payment exceeding the statutory cash threshold because salaries were paid monthly. The legal basis addressed was whether cash disbursements contravened the prohibition on large cash payments to related parties; finding no violation, the tribunal held the disallowance unjustified and allowed the claim in favour of the taxpayer. Highlights Income Tax Fri, 13 Feb 2026 14:13:40 +0530 https://www.taxtmi.com/highlights?id=96855