No disallowances for cash payment for food grains in agency business; an exception carved out in Rul

IT : No disallowance under section 40A(3), read with rule 6DD(e) and (k), was called for where cash purchases were made in commission agency business in food grains and assessee was maintaining all books of account and also accounts on all statutory forms required under U.P. Krishi Utpadan Mandi Adhiniyam, 1962