Section 40A(3) Misapplied: Cash Payments for Wholesale Mobile Recharge Vouchers Shouldn't Be Disallowed by AO.

Application of section 40A(3) - purchase of mobile recharge vouchers on a wholesale basis - Involvement of cash payment – the disallowance made by the AO by invoking section 40A(3) in the present case is misplaced - AT .....

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