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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A(3) - payments made in cash to land owners - ...


Section 40A(3) Cash Payment Disallowance Overturned for Expenses in Villages Without Banking Facilities.

March 6, 2017

Case Laws     Income Tax     AT

Disallowance u/s 40A(3) - payments made in cash to land owners - expenses were incurred in the villages to develop the land, where there is no banking facilities - claim of expenses allowed - AT

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