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2023 (2) TMI 1272 - ITAT VISAKHAPATNAMAddition u/s. 40A(3) - payments in cash to the farmers - Submission of the AR that since the payments were made during the bank holidays as well as neither the assessee nor the payees had bank accounts - HELD THAT:- On careful reading of Rule 6DD(j) of the IT Rules, 1962 and on perusal of the details of payments made by the assessee during the holidays, we find merit in the argument of the Ld. AR and hence we are of the opinion that the payments made by the assessee do not attract the provisions of the section 40A(3) of the Act and hence the Ld. AO is hereby directed to delete the addition to this extent. Decided in favour of assessee. Addition made u/s. 69 r.w.s 115BBE on account of deficit cash - HELD THAT:- CIT(A) has discussed the issue at length before confirming the addition made by the Ld. AO and thereby denying the claim of the assessee. Even before us the assessee has not produced any cogent evidence in support of the expenditure claimed by assessee. Under these circumstances, we are inclined not to interfere with the decision of the Ld. CIT(A)on this issue and accordingly the relevant ground raised by the assessee is dismissed.
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