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2016 (5) TMI 287 - HC - Income TaxDisallowance under section 40A(3)(a) - Held that:- The case of the assessee can be said to cover in the exception of rule 6DD(k), as the payment is made by any person (assessee) to his agent who is required to make payment in cash for goods or services on behalf of such person (in the instant case, the assessee). The assessee has made the payment to the bank account of the agent which is a finding recorded by the Tribunal who was required to make payment in cash for buying petrol or diesel at different locations. The Assessing Officer on the facts noticed has been unable to make out a case of involvement of unaccounted money. It is also a finding of fact recorded by the Commissioner of Income-tax (Appeals) that copies of the ledger accounts were produced before the Assessing Officer who has not found any discrepancy in such books of account and no unaccounted transaction has been reported/noticed by the Assessing Officer. - Decided in favour of assessee.
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