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2020 (3) TMI 873 - AT - Income TaxRevision u/s 263 - Addition u/s 40A(3) - HELD THAT:- We modify the impugned order of Pr. CIT and direct the AO to follow the propositions of law laid down by the Tribunal in the case of Binod Kumar Burnwal [2018 (12) TMI 1693 - ITAT KOLKATA] and Haridas Som [2019 (9) TMI 685 - ITAT KOLKATA] as held impugned disallowance provision does not apply in case of overwhelming evidence of genuineness of payments coupled with business exigencies which may go beyond the prescribed Rule 6DD of the Income Tax Rules, 1962 - thus not to disallow payments u/s 40A(3) if the same are genuine.
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