Disallowance u/s 40A(3) - Cash payment - Section 40A(3) is not ...
March 12, 2013
Case Laws Income Tax HC
Disallowance u/s 40A(3) - Cash payment - Section 40A(3) is not applicable when the net profit rate was applied by the AO and once a net profit rate is applied the expenses are deemed to be considered while applying the net profit rate. - HC
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