Thursday, August 9, 2018

Cash payments exceeding Rs. 20,000 by agents to farmers for purchase of food-grain couldn't be disallowed

IT : Where cash payments exceeding Rs. 20,000 made by assessee to farmers was clearly covered by exemption provided under rule 6DD(e)(i), disallowance made under section 40A(3) was not justified

from www.taxmann.com Latest Case Laws https://ift.tt/2MtN1Us
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