Held that the assessee could not demonstrate that assessee’s case fell into exceptions as contained in rule 6DD. Therefore, disallowance under section 40A(3) with respect to material consumed and labour payments were confirmed. (AY. 2012-13)
ACIT v. Bajrang Bahadur Singh (2022) 196 ITD 686 / 220 TTJ 19 (UO) (Varanasi)(Trib.)
S. 40A(3) : Expenses or payments not deductible-Cash payments exceeding prescribed limits-Civil contractor-Material purchase and labour payments-Payment in excess of Rs. 20,000-Failure to prove exception-Disallowance is justified. [S. 263, R. 6DD]