Disallowance of expenditure u/s. 40A(3) - AO without verifying necessary cash book to ascertain the...

Disallowance of expenditure u/s. 40A(3) - AO without verifying necessary cash book to ascertain the quantum of payments has simply made disallowance with a vague observation on the basis of bonus register, ignoring the arguments of the assessee that cash payment in a single day to any person does not exceeded the prescribed limit as per the provisions of section 40A(3). - CIT(A) rightly deleted the additions - AT .....

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