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2009 (12) TMI 30 - HIGH COURT OF ALLAHABADCash Payment – Disallowance u/s 40A(3) - The Assessing Officer added the said payment as income by invoking the Section 145(1) of the Act. The addition was deleted in the appeal and the order of the Appellate Authority has been confirmed by the Tribunal vide order under appeal – held that - The findings recorded by the Appellate Authority are essentially finding of facts. They have accepted the explanation furnished by the assessee for making cash payment - No illegality or perversity could be pointed out by the learned counsel for the department – Deduction of expenditure allowed
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