other topicValidity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit by the Driver of the Assessee8 Jul 20220Validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit by the Driver of the…
IT JudgementPayment through Agent and validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit27 Jun 20220Payment through Agent and validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit Section…
Income TaxNo Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee20 Jun 20220No Disallowance u/s 40A(3) if expenses payment is done by agents and not directly by the Assessee+ The issue…
other topicPayment by agents and not directly by the Assessee: Whether disallowance u/s 40A(3) attracted?13 Jun 20220Payment by agents and not directly by the Assessee: Whether disallowance u/s 40A(3) attracted? The issue of disallowance…
IT JudgementIf payment is permisdible according to Rule 6DD then AO made the addition u/s 40A(3) without rejecting the Books of Accounts28 Jul 20180I-T – Additions cannot be made u/s 40A(3) sans rejecting books of account: HC AHMEDABAD, : THE ISSUE IS –…
Income TaxIT JudgementTax Planning40A(3) is not applicable if taxpayer is opting for presumptive taxation scheme u/s 44AD8 Jan 20180 Though section 40A(3) bars payment of Rs. 20,000/- in cash, it may interestingly be noted that section 40A(3) is…