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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Addition made under section 40A(3) - cash payment greater than ...


Section 40A(3) Update: Single Voucher Doesn't Prove Entire Cash Payment Exceeded Rs. 20,000 in One Day.

April 7, 2015

Case Laws     Income Tax     AT

Addition made under section 40A(3) - cash payment greater than ₹ 20,000/- - Single voucher was prepared to book the amount which does not mean that entire payment was made in a single day. - AT

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