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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Addition u/s 40A(3) r.w.r 6DD - payment in a sum exceeding ...

Case Laws     Income Tax

September 28, 2016

Addition u/s 40A(3) r.w.r 6DD - payment in a sum exceeding 20,000 rupees - depositing cash into the Bank Account of Supplier Asansol Bottling and Packaging Co. Pvt. Ltd. (Warehouse) against issue / purchasers of Country Spirit - there is no evasion of tax by claiming the bogus expenditure in cash - No additions - AT

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