Cash Payments Over Rs. 20,000 Disallowed u/s 40A(3); No Emergency Exception for Marble, Aluminum Purchases.

Disallowance u/s 40A(3) - Payment in cash in excess of Rs. 20,0000 - exception under rule 6DD - purchase of marble chips and alluminium product cannot be said to be an emergency purchase justifying payment in cash. - HC .....

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