1983 (10) TMI 155 - AT - Income Tax

Summary

The Appellate Tribunal ITAT Pune upheld the order of the AAC in a departmental appeal regarding the disallowance of Rs. 12,431 made by the ITO under section 40A(3). The Tribunal found that the assessee's case was saved by the exceptions provided under rule 6DD, supported by evidence, and that the ITO was bound by a relevant circular of the board. The departmental appeal was dismissed. (Case citation: 1983 (10) TMI 155 - ITAT PUNE)