Addition u/s 40A(3) - payment made in cash - land ...

Section 40A(3): Cash Payments in Land Deals Justified by Business Expediency for After-Hours Transactions.

June 21, 2016

Case Laws Income Tax AT

Addition u/s 40A(3) - payment made in cash - land deals/negotiations are done with the farmers - the need for cash payments on Sundays/after banking hours and test of business expediency has been satisfactorily fulfilled in the instant case - AT

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Addition u/s 40A(3) - payment made in cash - land ...

Section 40A(3): Cash Payments in Land Deals Justified by Business Expediency for After-Hours Transactions.

June 21, 2016

Case Laws Income Tax AT

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