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2017 (9) TMI 1633 - AT - Income TaxAddition made u/s. 40A(3) - purchase of land holding these cash payment falls under exceptional circumstances r.w.r. 6DD of Income Tax Rules - Held that:- CIT(A) has rightly held that the assessee’s case is found to be covered under the exceptional circumstances under rule 6DD of IT Rules. Accordingly, the addition made by the AO amounting to ₹ 60 lacs was rightly deleted by the Ld. CIT(A). - Decided in favour of assessee.
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