Case Law Details
Case Name : Attar Singh Gurmukh Singh Vs Income Tax Officer (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
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That section 40A(3) must not be read in isolation or to the exclusion of Rule 6DD. This section must be read along with the Rule 6DD and if read together it is clear that the provisions of the section are not intended to restrict the business activities. It only empowers the assessing officer to disallow the deductions claimed as expenditure in respect of which payment is not made by crossed cheque or crossed bank draft.
The same is insisted only to enable the assessing authority to ascertain whethe
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