Disallowance of fuel expenses - Stating that purchases have been ...

Fuel Expenses in Cash Not Automatically Disallowed u/s 40A(3) Without Assessing Officer's Action.

June 20, 2016

Case Laws Income Tax AT

Disallowance of fuel expenses - Stating that purchases have been made in cash cannot be the basis for making disallowance . For cash purchases exceeding specified monetary limit is disallowable u/s 40A(3) of the act. No such disallowance has been made by the ld AO. - AT

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Disallowance of fuel expenses - Stating that purchases have been ...

Fuel Expenses in Cash Not Automatically Disallowed u/s 40A(3) Without Assessing Officer's Action.

June 20, 2016

Case Laws Income Tax AT

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