https://www.taxtmi.com/caselaws?id=56585 The Tribunal upheld the disallowance of Rs. 16,000 under section 40A(3) of the Income-tax Act, 1961, emphasizing that splitting payments to avoid the statutory restriction was impermissible. The assessee's failure to demonstrate legitimate reasons for cash payments and lack of evidence supporting their position led to the decision to uphold the disallowance. The judgment reaffirmed the significance of adhering to tax laws and preventing tax evasion through improper payment practices. en-us Wed, 29 Jun 1983 00:00:00 +0530 Sat, 04 Dec 2010 16:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56585 The Tribunal upheld the disallowance of Rs. 16,000 under section 40A(3) of the Income-tax Act, 1961, emphasizing that splitting payments to avoid the statutory restriction was impermissible. The assessee's failure to demonstrate legitimate reasons for cash payments and lack of evidence supporting their position led to the decision to uphold the disallowance. The judgment reaffirmed the significance of adhering to tax laws and preventing tax evasion through improper payment practices. Case-Laws Income Tax Wed, 29 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56585