disallowance u/s 40A(3)

  • Income Tax

Disallowance us 40A(3) when income-profits are estimated. ITAT following Allahabad High Court judgment deletes additions for cash payments

Disallowance us 40A(3) when income-profits are estimated. ITAT following Allahabad High Court judgment deletes additions for cash payments u/s 40A(3)…

7 years ago
  • Income Tax

Cash payment disallowance us 40A3 reduced to Rs 10000 in place of existing limit of Rs. 20000/- to a person in a day. Budget 2017-18

Cash payment disallowance us 40A3 reduced to Rs 10000 in place of existing limit of Rs. 20000/- to a person…

7 years ago
  • Income Tax

Disallowance 40A3-two proprietorship concerns of same assessee. In the absence of alleged tax evasion, additions for cash purchases not warranted

Disallowance 40A3-two proprietorship concerns of same assessee. In the absence of alleged tax evasion, additions for cash purchases not warranted-ITAT…

8 years ago
  • Income Tax

Disallowance u/s 40A(3) for cash payments cannot be made if genuineness not doubted

Disallowance u/s 40A(3) for cash payments cannot be made if genuineness not doubted - ITAT INCOME TAX APPELLATE TRIBUNAL AMRITSAR…

8 years ago