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Income Tax - Highlights / Catch Notes

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Disallowance / addition us 40A(3) - cash expenditure - business ...

Income Tax

June 6, 2016

Disallowance / addition us 40A(3) - cash expenditure - business expediency - Amount was directly deposited the cash in the account of the companies - there is no evasion of tax by claiming the bogus expenditure in cash. - No additions - AT

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