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2012 (8) TMI 188 - ITAT BANGALOREDisallowance on account of cash payments exceeding prescribed limits - provisions of sec.40A(3) – Held that:- Payments are made to the Government of India (South Western Railway) towards purchase - payment made by the assessee in cash to the south western railway, who insisted for cash payment were covered by the exception laid down in Rule 6DD(b) of the Income-tax Rules 1962, as such, it was outside the purview of the provision contained in sec.40A(3) of the Income-tax Act – addition deleted – In favor of assessee
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