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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Disallowance u/s 40A(3) read with rule 6DD - payment of ...


High Court Rules in Favor of Railway Catering Contractor on Cash Payment Disallowance u/s 40A(3) and Rule 6DD(k.

December 14, 2012

Case Laws     Income Tax     HC

Disallowance u/s 40A(3) read with rule 6DD - payment of expenditure in cash - mobile railway catering contractor - Tribunal and the lower authorities adopted an unduly narrow and technical interpretation of Rule 6DD(k), the benefit of which the assessee clearly was entitled to. - HC

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