TMI BlogAddition of purchase expenses in cash u/s.40A(3) - the credit balance of the parties were transferred to...Addition of purchase expenses in cash u/s.40A(3) - the credit balance of the parties were transferred to the partners account and partners in turn settled the claims of the parties in cash - what is not directly permitted cannot be indirectly permitted. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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