TMI BlogDisallowance u/s 40A(3) - cash payments of expenditures - poor creditability in the market - genuineness...Disallowance u/s 40A(3) - cash payments of expenditures - poor creditability in the market - genuineness of such expenditure is not in dispute - AO directed to sustain disallowance u/s 40A(3) to the extent of 5% of the alleged amount.AO to sustain disallowance u/s 40A(3) to the extent of 5% of the alleged amount. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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