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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Addition u/s 40A(3) - the finding of fact has been recorded by ...


No Disallowance u/s 40A(3) as Payments Didn't Exceed Rs. 20,000; No Substantial Legal Question Arises.

July 16, 2019

Case Laws     Income Tax     HC

Addition u/s 40A(3) - the finding of fact has been recorded by two revenue authorities that the payments made by the assessee on a single day did not exceed ₹ 20,000/- to a person - no disallowance u/s 40A(3) - no substantial question of law arises

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