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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A(3) - payments made exceeding cash limit for ...

Income Tax

June 12, 2018

Disallowance u/s 40A(3) - payments made exceeding cash limit for purchase of country spirit - Payment made by the assessee for the purchase of country liquor and country spirit from the territorial licensee bottling plant is protected by the exemption in terms of Rule 6DD(b)

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