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2018 (6) TMI 53 - ITAT KOLKATAAddition u/s 40A - adjustment by way of book entry - payment to creditors in cash - Held that:- As per the assessee’s own case [2017 (8) TMI 1377 - ITAT KOLKATA] as held assessee has paid to Shivam Enterprises on the instruction of its creditor M/s Charco Electronics Pvt. Ltd. through account payee cheque. There is no cash payment at all. Therefore, we are of the view that addition made needs to be deleted. - thus there is no violation of provisions u/s 40A(3) - Decided in favor of assessee.
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