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2012 (3) TMI 119 - ITAT DELHIApplicability of 40A(3)(cash payment exceeding of 20,000) - Assessee Co-operative Society - Order obtained from industry for carriage of cement, food grain and work allotted to truck owners - Bill from truck owners send to consignee, commission charged at 3% - Held That:- In view of "G.A. Road Carriers" (2010 - TMI - 203699 - ITAT, HYDERABAD) transportation is not the business of the assessee company. It acts as a commission agent facilitating payment to the truck owners, who are its members. Therefore, the payments were not business expenses of the assessee, therefore no disallowances.
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