VILAS TRANSPORT COMPANY,MUMBAI vs. ITO 13(2)(1), MUMBAI
In the result, the assessee’s appeal for A
ITA 6717/MUM/2013[2009-10]Status: DisposedITAT Mumbai03 Jun 2016AY 2009-10
Bench: Shri Jason P. Boaz & Shri Sandeep Gosainm/S. Vilas Transport Company Income Tax Officer-13(2)(1) 103/104, Vyapar Bhavan Aayakar Bhavan, M.K. Road Vs. 49, P. D’Mello Road, Carnac Mumbai 400020 Bunder, Mumbai 400009 Pan - Aaafv0760G Appellant Respondent
For Appellant: NoneFor Respondent: Shri S. Senthil Kumar
Section 143(3)Section 40Section 40ASection 40A(3)
section 40A(3) of I.T. Act, 1961 and since payments in cash exceeded Rs.
20,000/-, disallowance u/s 40A(3) of I.T. Act, 1961 was justified in the facts of the case.
4.3.2 It appears from records that assessee has incurred expenses in cash exceeding Rs.20,000/- to various persons for getting goods cleared from docks on behalf