Addition made on Lumpsum basis on account of payment of labour charges in cash

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..... Addition made on Lumpsum basis on account of payment of labour charges in cash
Query (Issue) Started By: - Kishor Vishnu Dated:- 25-6-2010 Last Reply Date:- 25-6-2010 Income Tax
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..... Income Tax
One of my client, a civil contractor, paying labour charges on cash basis ( payments do not violate the provision of Section 40A(3). But the assessing officer disallowed Rs. 4,50,000 out .....

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..... of labour charges on lumpsum basis and gave the reason in AO that due to payments made in cash I am disallowing the same. Is there any decision given by the Courts against such vies of AO ? Reply By .....

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..... GOPALJI AGRAWAL: The Reply: You will have to demonstrate that these expenditures were genuine and evidence with the necessary details. Whether you have been given any opportunity for such addition an .....

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..... d what stand you have taken. So it would depend on the facts and circumstances then any case law would come to your rescue on the basis of facts.
Discussion Forum - Knowledge Sharing .....

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