#Section 40A(3)
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277 articlesIncome Tax

Income Tax
Reassessment Order Set Aside for Fresh Probe into Employee Cash Transactions
Income Tax

Income Tax
Allegation of bogus purchase without verification of books not justifiable: Kerala HC
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Income Tax
Jurisdiction u/s. 153C impermissible as satisfaction of seized material belonging to assessee not fulfilled
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Income Tax
Once liquidation order has been passed no suit or legal proceedings can be instituted: ITAT Nagpur
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Income Tax
Contribution to EPF/ESI beyond due date of respective Act duly disallowed: ITAT Jaipur
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Income Tax
Completion of revisionary proceeding within short span of 12 days unjustified: Matter restored back
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Income Tax
Profits estimated at 10% of contractual receipts hence no separate disallowance u/s. 40A(3) or 40(a)(ia) warranted: ITAT Chennai
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Income Tax
Addition based on rough noting made on loose sheets unsustainable: ITAT Bangalore
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Income Tax
Cash payments permissible if assessee can justify necessity & genuineness: ITAT Indore
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Income Tax
Electricity bill payment in cash: Allowed or not?
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Income Tax
No penalty u/s 270AA for delayed immunity application, as breach was procedural & tax was paid
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Income Tax
Addition @ 20% was upheld on account of alleged bogus purchases and unverified sellers
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Income Tax
Restrictions on Cash Payments Under Income Tax Act on certain transactions
Income Tax

Income Tax
