Cash Payment Disallowance Rejected Due to Valid 40A(3) Relief

DCIT Vs Mirha Exports Pvt. Ltd. (ITAT Delhi) Ad-hoc Disallowances Rejected, 40A(3) Relief Upheld & Mechanical 153D Approval Knocks Out Search Assessments Delhi ITAT, Delhi Bench ‘E’, in a batch of cross-appeals involving M/s Mirha Exports Pvt. Ltd. Vs DCIT (ITA Nos. 873, 655, 1233, 656, 1234, 657, 874, 658 & 875/Del/2022; AYs 2012-13 to 2017-18; order dated 19-12-2025), delivered a comprehensive ruling covering reassessment, cash purchases, ad-hoc disallowances, TDS defaults and validity of approval u/s 153D. For AYs 2012-13 & 2013-14, the Tribunal upheld reassessment u/s 147, ...