Addition u/s 40A(3) - Disallowance u/s 40(a)(ia) - payment in ...

Case Laws Income Tax

December 5, 2020

Addition u/s 40A(3) - Disallowance u/s 40(a)(ia) - payment in cash to SNBT for raw material purchases and SNBT making the said amount to the suppliers - Since both the issues are inter-related and since the matter stood remitted by the learned Tribunal vide para 12 aforequoted for Section 40A(3), the issue with regard Section 40(a)(ia) of the Act also ought to have been restored to the file of the CIT (A). - HC

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Addition u/s 40A(3) - Disallowance u/s 40(a)(ia) - payment in ...

Case Laws Income Tax

December 5, 2020

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