https://www.taxtmi.com/caselaws?id=55429 The Tribunal upheld the disallowance under section 40A(3) of the IT Act for an amount of Rs. 11,646 due to failure to verify purchases. However, the addition was cancelled based on the applicability of Rule 6DD, allowing cash payments in exceptional circumstances. The Tribunal rejected treating each bill separately under section 40A(3) and emphasized the need for independent identification of expenditures. The decision focused on statutory provisions, Rule 6DD requirements, and realistic assessment of evidence, ultimately leading to the cancellation of the addition and allowing the appeal. en-us Wed, 10 Jul 1985 00:00:00 +0530 Sat, 27 Nov 2010 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55429 The Tribunal upheld the disallowance under section 40A(3) of the IT Act for an amount of Rs. 11,646 due to failure to verify purchases. However, the addition was cancelled based on the applicability of Rule 6DD, allowing cash payments in exceptional circumstances. The Tribunal rejected treating each bill separately under section 40A(3) and emphasized the need for independent identification of expenditures. The decision focused on statutory provisions, Rule 6DD requirements, and realistic assessment of evidence, ultimately leading to the cancellation of the addition and allowing the appeal. Case-Laws Income Tax Wed, 10 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55429