Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2012 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (5) TMI 340 - PUNJAB AND HARYANA HIGH COURTNon deduction of TDS u/s 194C - Cash payment in violation of the provisions of Section 40A(3) - held that:- findings of fact recorded by the Tribunal cannot be interfered with particularly when it has made cash payment exceeding Rs. 20,000/- in violation of the provisions of Section 40A(3) of the Act. There is ample evidence on record to support the aforesaid finding and accordingly a sum of Rs. 33,97,674/- were not allowable as expenditure. - Decided against the assessee.
|