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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A(3) - payment of expenditure in cash - CIT-A ...

Income Tax

June 22, 2017

Disallowance u/s 40A(3) - payment of expenditure in cash - CIT-A relied on sub rule (j) of 6DD for deleting disallowance - claim of the assessee that it was on account of business expediency that such payments were made - expenditure allowed

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