Payment of Cash Salary Exceeding Rs. 20000 not allowable U/s. 40A(3)

HIGH COURT OF RAJASTHAN Rajasthan Telematics Ltd. Versus Assistant Commissioner of Income-tax IT APPEAL NO. 100 OF 2012 Date of Pronouncement: January 4, 2013 ORDER 1. Instant income tax appeal has been filed by the assessee U/s 260A of the Income Tax Act,1961 (“Act,1961”) assailing order of the Income Tax Appellate Tribunal dt.04.11.2011 dismissing appeal preferred by the appellant-assessee regarding reassessment being made by the assessing authority on reopening of the proceedings pursuant to notice dt.06.12.2005 U/s 148 of the Act, 1961 for the assessment year ...