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Income Tax - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Disallowance u/s 40A(3) - assessee, who is the appellant, is a ...

Case Laws     Income Tax

January 6, 2024

Disallowance u/s 40A(3) - assessee, who is the appellant, is a government contractor showed payments exceeding Rs. 20,000/- in cash on various dates for materials purchased - there are no vouchers produced to substantiate the claim of separate payments having been made on a single day at the work spots where the delivery of the goods supplied were made. - Additions confirmed - HC

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