Explaining source of cash payment no ground for not invoking disallowance u/s 40A(3)
February 21, 2024
Income Tax, ITAT
Explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) – ITAT In a recent judgment the ITAT has held that explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) of the Income Tax Act, 1961 (the …