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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Addition u/s 40A - purchases of meat in cash in excess of ...


High Court Rules: CBDT Circulars Cannot Add Conditions Not in Income Tax Act or Rule 6DD for Cash Meat Purchases.

March 19, 2018

Case Laws     Income Tax     HC

Addition u/s 40A - purchases of meat in cash in excess of ₹ 20,000/ - whether assessee has fulfilled the condition laid down in Rule 6DD? - CBDT Circular cannot put in new conditions for grant of benefit which are not provided either in the Act or in the Rules framed there-under - HC

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