Dismissing the appeal of the assessee the Court held that the assessee was not able to satisfy the Assessing Officer with regard to the genuineness of the payment made to the transporters, contractors etc. inasmuch as the evidence in the form of bills etc. was not produced. Accordingly disallowance was confirmed .( AY.1991-92)
Ellora Paper Mills Ltd. v CIT (2018) 163 DTR 42 / 301 CTR 252 (Bom)( HC)
S. 40A(3) :Expenses or payments not deductible – Cash payments exceeding prescribed limits – Evidence in the form of bills etc. was not produced. Disallowance was confirmed . [ R.6DD(h) ,(j )]