Cash expenditure - purchase of land shown as stock in trade - as ...

Land Purchase Recorded as Stock in Trade; No Disallowance u/s 40A(3) for Unclaimed Expenditure in Income Calculation.

September 12, 2016

Case Laws Income Tax AT

Cash expenditure - purchase of land shown as stock in trade - as no expenditure having been claimed by the assessee in the profit and loss account while computing its total income, no disallowance u/s 40A(3) can be made - AT

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Cash expenditure - purchase of land shown as stock in trade - as ...

Land Purchase Recorded as Stock in Trade; No Disallowance u/s 40A(3) for Unclaimed Expenditure in Income Calculation.

September 12, 2016

Case Laws Income Tax AT

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