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2016 (7) TMI 23 - ITAT PUNEDisallowance u/s. 40A(3) - cash payments made to MSRTC and other Government organizations towards purchase of scrap - Held that:- Since the CIT(A) has upheld the disallowance made by the AO u/s.40A(3) by following his orders for earlier years in assessee’s own case and since the Tribunal has already deleted such disallowance, therefore, in absence of any contrary material brought to our notice against the order of the Tribunal in assessee’s own case, we hold that the provisions of section 40A(3) in respect of cash payments made to MSRTC and other Government Organisations towards purchase of scrap materials are not attracted. Accordingly, the disallowance u/s.40A(3) made by the AO and upheld by the CIT(A) are deleted. - Decided in favour of assessee
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