Held that since disallowance under section 40A(3), even in a case where payments had been made by assessee in cash beyond prescribed limit, could not validly be made by invoking provisions of section 154 order passed by Assessing Officer could not be sustained. Accordingly the order was set aside. (AY. 2013-14)
Poonam Mittal (Smt.) v. ITO (2022) 215 TTJ 29 (UO) / 138 taxmann.com 380 (Amritsar) (Trib)
S. 154 : Rectification of mistake-Mistake apparent from the record-Cash payment exceeding prescribed limit-Rectification order of the Assessing Officer was set aside.[S. 40A(3), R.6DD]