Held that mere disallowance of expenses payment of cash expenses of excess of prescribed limit and ad-hoc disallowance of loading and unloading expenses, levy of penalty is not justified. (AY.2009-10)
Ramchnd Bhulchand Rajai v. Dy.CIT(2024) 114 ITR 5 (SN)(Ahd)(Trib)
S. 271(1)(c) : Penalty-Concealment-Cash excess of prescribed limit-Loading and unloading-Ad-hoc disallowance-Levy of penalty is not justified.[S. 40A(3), 44AB,R. 6DD]
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