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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

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

Income Tax

December 24, 2016

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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