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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Cash payment for purchase of fruits - the payment in cash for ...


Rule 6DD(e) Allows Cash Payments for Buying Agricultural Commodities Without Expense Disallowance Under Income Tax Rules.

November 28, 2016

Case Laws     Income Tax     AT

Cash payment for purchase of fruits - the payment in cash for purchase of agricultural commodities is covered by Rule 6DD(e) of the Rules and in such a situation merely because the cash payments have been made, no disallowance could be made - AT

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