Disallowance of expenditure incurred in Cash under the head ...

Cash Payments for Pond Maintenance Disallowed u/s 40A(3); Not Exempt u/r 6DD(e) of Income Tax Rules.

April 22, 2021

Case Laws Income Tax AT

Disallowance of expenditure incurred in Cash under the head 'pond and farm maintenance' u/s. 40A(3) - as per the ledger account copy furnished by the assessee, all payments have been made to labours for cleaning of pond and JCB baffling charges. Therefore, we are of the considered view that expenditure debited under the head 'pond and farm maintenance expenses' cannot come under the exclusion provided under Rule 6DD(e) of IT Rules, 1962. - AT

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Disallowance of expenditure incurred in Cash under the head ...

Cash Payments for Pond Maintenance Disallowed u/s 40A(3); Not Exempt u/r 6DD(e) of Income Tax Rules.

April 22, 2021

Case Laws Income Tax AT

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