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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Disallowance u/s 40A(3) - Payment in cash in excess of Rs. ...

Income Tax

September 5, 2013

Disallowance u/s 40A(3) - Payment in cash in excess of Rs. 20,0000 - exception under rule 6DD - purchase of marble chips and alluminium product cannot be said to be an emergency purchase justifying payment in cash. - HC

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