Disallowance u/s 40A(3) - splitting the payments in excess of ...

Section 40A(3) Confirms Disallowance of Payments Over Rs. 20,000 Without Prescribed Methods, Even if Genuine.

December 24, 2016

Case Laws Income Tax AT

Disallowance u/s 40A(3) - splitting the payments in excess of ₹ 20,000 - Genuine and bona fide transactions are not taken out of the sweep of the section - addition/disallowance confirmed - AT

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Disallowance u/s 40A(3) - splitting the payments in excess of ...

Section 40A(3) Confirms Disallowance of Payments Over Rs. 20,000 Without Prescribed Methods, Even if Genuine.

December 24, 2016

Case Laws Income Tax AT

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