Section 40A(3) Exception: Cash Payment for Land Purchase Allowed Due to Public Holiday u/r 6DD.

Addition u/s 40A(3) - cash payment for the purchase of land - On the day of transaction, purchaser demanded cash - registration of land took place in the afternoon of 07-03-2009 that the day happens to be Saturday followed by public holiday Sunday - fall under exception as per Rule 6DD - no addition .....

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