Scope of the term 'expenditure' - Cash payment - When the amount ...

Section 40A(3) Exemption: Non-deductible business expenses not subject to cash payment restrictions for income tax purposes.

June 23, 2014

Case Laws Income Tax AT

Scope of the term 'expenditure' - Cash payment - When the amount paid by the assessee had not been claimed as deductible expenditure while computing the business income provisions of section 40A(3) cannot be applied. - AT

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Scope of the term 'expenditure' - Cash payment - When the amount ...

Section 40A(3) Exemption: Non-deductible business expenses not subject to cash payment restrictions for income tax purposes.

June 23, 2014

Case Laws Income Tax AT

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