Held that freight payments made to transporters for purchase of paddy. Disallowance sustained. Followed earlier year order, Daawat Foods Ltd. v. ACIT (I.T.A No. 4158/Delhi/2013 dated January 19, 2021) (AY.2009-10)
Dy. CIT v. Daawat Foods Ltd. (2021) 91 ITR 110 (Delhi)(Trib.)
S. 40A(3) : Expenses or payments not deductible-Cash payments exceeding prescribed limits-Freight payments made to transporters for purchase of paddy-Disallowance sustained.