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2008 (9) TMI 9 - HC - Income TaxAddition made by AO by taking resort to Section 40A(3) on the ground that the Assessee had made cash purchases to the tune of Rs. 108,08,36,839/- is untenable – section 40A(3) is set into motion only if an Assessee incurs an ‘expenditure’ in cash of a sum exceeding Rs.20,000 - Assessing Officer could not place any material on record to show that the documents so seized represented purchases made by the Assessee in cash - provisions of Section 40A(3) will not come into play
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