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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Addition u/s 40A - expenses incurred in cash in excess of INR ...

Case Laws     Income Tax

January 9, 2019

Addition u/s 40A - expenses incurred in cash in excess of INR 20,000/- - The provision of rule 6DD(J) provides that provisions of section 40A(3) shall not be applicable where the payment was required to be made on a day on which the banks were not open on account of holidays or strike.

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