2009 (8) TMI 55

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....Court: This is an appeal filed by the department against a judgment and order dated January 30, 2009 passed by the Income Tax Appellate Tribunal in ITA No.957 (Kol) 2008 for the assessment year 2005-06. The assessing officer rejected the assessee's explanation regarding payment of money in cash for purchasing paddy from three co-operative societies, which exceeds in each case the statutory limi....

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.... cheque drawn on a bank or by a crossed bank draft in the case and circumstances specified hereunder, namely:- (a) where the payment is made to - …………………………………………… (iv) any primary agricultural credit society as defined in clause (cii) of section 2 of the Reserve Bank of India Act, 1934 (2 of 1934), or any primary credit society as defined in clause (civ)....