cash payments

  • 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

Business to provide facility for accepting payment through prescribed electronic modes

Mandating acceptance of payments through prescribed electronic modes In order to move towards a less cash economy to reduce generation…

5 years ago