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Disallowance of electricity payment paid in cash to Jodhpur Vidyut Vitran Nigam Limited u/s 40A(3) -...

Disallowance of electricity payment paid in cash to Jodhpur Vidyut Vitran Nigam Limited u/s 40A(3) - there was business expediency of making cash payments so that there is no disruption in supply of electricity required to operate the MRI and CT scan machines. - being a case of genuine business transaction and test of business expediency been satisfied. .....

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