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2009 (8) TMI 55 - CALCUTTA HIGH COURTPayment in Cash in excess of Rs. 20,000 – Procurement of Paddy fro co-operative societies – Applicability of provisions of section 40A(3) read with Rule 6DD – Held that - admittedly, the assessee made the payment in cash for procuring paddy to the primary agricultural credit society. Therefore, they were entitled to exemption from the rigour of the provisions of Section 40A(3) of the Income Tax Act, 1961.
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