Disallowance u/s 40A(3) - The Bank report would indicate that ...

Bank Report Validates Payment Credit, Satisfying Section 40A(3) Despite Uncrossed Demand Drafts in Court Case.

January 1, 2019

Case Laws Income Tax HC

Disallowance u/s 40A(3) - The Bank report would indicate that demand drafts were admittedly not crossed. However, the payments were credited into the accounts of the payees. Therefore, the object with which Section 40A(3) was promulgated stands satisfied with such material.

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Disallowance u/s 40A(3) - The Bank report would indicate that ...

Bank Report Validates Payment Credit, Satisfying Section 40A(3) Despite Uncrossed Demand Drafts in Court Case.

January 1, 2019

Case Laws Income Tax HC

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