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Tag: Disallowance u/s 40A(3)

Manipulation made in Cash Expenses Ledger to save disallowance U/S 40A(3), ITAT upholds Additions made by AO

Posted on June 3, 2022 By admin No Comments on Manipulation made in Cash Expenses Ledger to save disallowance U/S 40A(3), ITAT upholds Additions made by AO
Manipulation made in Cash Expenses Ledger to save disallowance U/S 40A(3), ITAT upholds Additions made by AO

Manipulation made in Cash Expenses Ledger to save disallowance U/S 40A(3), ITAT upholds Additions made by AO In this case, the assessee has submitted a ledger account of material purchases, and it was observed by the AO that the assessee has made payments of Rs. 5,80,12,836/- towards material purchases which were paid in cash. It…

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