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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Provisions of section 40A(3) in respect of cash payments made to ...


Cash Payment Restrictions u/s 40A(3) Not Applicable for Scrap Purchases from Government Entities like MSRTC.

July 1, 2016

Case Laws     Income Tax     AT

Provisions of section 40A(3) in respect of cash payments made to MSRTC and other Government Organisations towards purchase of scrap materials are not attracted. - AT

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