{"id":3995,"date":"2019-02-19T12:34:27","date_gmt":"2019-02-19T12:34:27","guid":{"rendered":"http:\/\/itatonline.org\/digest\/surya-merchants-ltd-v-dcit-2019-174-itd-393-delhi-trib\/"},"modified":"2019-02-19T12:34:27","modified_gmt":"2019-02-19T12:34:27","slug":"surya-merchants-ltd-v-dcit-2019-174-itd-393-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/surya-merchants-ltd-v-dcit-2019-174-itd-393-delhi-trib\/","title":{"rendered":"Surya Merchants Ltd.  v.  DCIT  (2019) 174 ITD 393 (Delhi) (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that, payments exceeding Rs. 20,000 for purchase of construction materials on bank holidays, due to business needs to complete the project on time . Disallowance is held to be not justified. Assessee also\u00a0 produced\u00a0 documentary evidences to show that person to whom payments were made in cash in excess of Rs. 20,000 had acted as agent of assessee for purchase of construction material on behalf of assessee, such payments would fall under exception clause of rule 6DD(k)\u00a0 hence no disallowance can be made . (AY. 2006 -07 to 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) : Expenses or payments not deductible &#8211; Cash payments exceeding prescribed limits -Payments were made during public holidays -No disallowance could be made \u2013 Payments to agents- No disallowance can be made. [R.6DDJ, 6DDK ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-3995","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-12r","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=3995"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3995\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}