{"id":5298,"date":"2019-04-30T12:00:01","date_gmt":"2019-04-30T12:00:01","guid":{"rendered":"http:\/\/itatonline.org\/digest\/kgl-network-p-ltd-v-acit-2018-195-ttj-265-2019-176-dtr-102-delhitrib\/"},"modified":"2019-04-30T12:00:01","modified_gmt":"2019-04-30T12:00:01","slug":"kgl-network-p-ltd-v-acit-2018-195-ttj-265-2019-176-dtr-102-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kgl-network-p-ltd-v-acit-2018-195-ttj-265-2019-176-dtr-102-delhitrib\/","title":{"rendered":"KGL Network (P) Ltd. v. ACIT  ( 2018)  195 TTJ 265\/(2019) 176 DTR 102  (Delhi)(Trib.)"},"content":{"rendered":"<p>Tribunal held that for business expediency in line of business of assessee, sometimes cash payments were made to complete work on behalf of Principal. Assessee, under such compelling reasons, had to make payments in cash on account of urgent need. As the identity and genuineness of transaction is not in doubt, disallowance was deleted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40A(3) : Expenses or payments not deductible-Cash payments exceeding prescribed limits\u2013Logistic solutions-Airline companies &#8211;  Identity of payee and genuineness of transaction is not doubted \u2013 Disallowance was deleted.<\/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_post_was_ever_published":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":""},"categories":[1],"tags":[],"class_list":["post-5298","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1ns","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5298","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=5298"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5298\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}