TMI BlogAdditions u/s 40A(3) - Payment made in Cash - Since the AO has not doubted the genuineness of the...Additions u/s 40A(3) - Payment made in Cash - Since the AO has not doubted the genuineness of the expenses as no such disallowance has been made and the AO has made only disallowance u/s. 40A(3) of the Act on the basis of the bills/vouchers/ledger account produced before him, we are of the considered opinion that the disallowance u/s. 40A(3) made by the AO under the facts and circumstances of this case is not justified and the provisions of 6DD(k) will come to the rescue of the assessee. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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