#Section 40A(3)
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268 articlesIncome Tax
Income Tax
Existence of business exigency needs to be proved for payments in cash to avoid addition u/s 40A(3)
Income Tax
Income Tax
Implication of Cash transactions under Income Tax Act, 1961
Income Tax
Income Tax
ITAT deletes Addition under Section 69 for Gold Loan Recorded in Books
Income Tax
Income Tax
Addition for under valuation of closing stock without corresponding adjustment in opening stock is unsustainable
Income Tax
Income Tax
Avoid Cash Payments: Impact on Deductions and Tax Compliance
Income Tax
Income Tax
Limited Scrutiny: AO can’t verify cash withdrawals when permission was for cash deposit verification
Income Tax
Income Tax
Addition u/s 40A(3) unsustainable as in liquor business strict adherence to payment via banking channel not practicable
Income Tax
Income Tax
Whether Electricity charges comes under the ambit of Section 40A(3)?
Income Tax
Income Tax
No section 40A(3) disallowance for cash payment for land on sellers demand
Income Tax
Income Tax
Addition for Violation of section 40A(3) sustained because of non-satisfying reply
Income Tax
Income Tax
Section 40A(3) not applies to cash payments deposited in bank account of payee
Income Tax
Income Tax
No section 40A(3) disallowance for non-maintenance of books by supplier
Income Tax
Income Tax
PCIT exercising suo motu revisional power cannot travel beyond scope of limited scrutiny in original order
Income Tax
Income Tax
