Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria
269T have been made otherwise than by account payee cheque or account payee bankdraft, as the necessary evidence are not in possession of the assessee. The management certifies that all payments in excess of limit prescribed were made through account payee cheque/drafts or RTGS/NEFT. d. As explained to us, entity has not maintained quantity wise reconciliation of stock, however physical