cash payment dusallowance

  • Income Tax

Merely making cash payment cannot be a ground for disallowance – ITAT

Merely making cash payments cannot be a ground for disallowance if section 40A(3) not violated or no defects were found…

5 years ago
  • Income Tax

Disallowance u/s 40A(3) for cash payment to agents for onward disbursement for expenses set aside

Disallowance u/s 40A(3) for cash payment to agents for onward disbursement towards various expenses set aside. ITAT remands case for…

5 years ago
  • Income Tax

No disallowance u/s 40A(3) where payments not claimed as expenditure

No disallowance u/s 40A(3) where payments not claimed as expenditure. ITAT deletes addition as alleged cash payment was made for…

5 years ago
  • Income Tax

Disallowance u/s 40A(3) for cash payments to wife for house purchase deleted by ITAT

Disallowance u/s 40A(3) for cash payments to wife for house purchase deleted by ITAT when plea of the assessee was…

6 years ago
  • Income Tax

Disallowance 40(A)(3) for cash payment deleted when payee was new and refused cheque

Disallowance 40(A)(3) for cash payment deleted when payee was new. When genuiness of payment not doubted there was every possibility…

6 years ago