Held since the Assessing Officer had not given any specific finding that any payment to an employee at a particular date exceeded the limit of section 40A(3), disallowance made merely because payments during the year had been made in cash was not justified. (AY. 2019-20)
Sonone Surgical and Ophthalmic Hospital. v. ITO (2025) 214 ITD 739 (Pune) (Trib.)
S. 40A(3): Expenses or payments not deductible-Cash payments exceeding prescribed limits-Salary to employees-No finding that payment on particular date exceeded limit-Disallowance was deleted.
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