Tuesday, September 17, 2019

Madras HC deleted disallowance as AO invoked sec. 40A(3) without considering exceptional circumstances

INCOME TAX : Where in respect of purchase of land by assessee, revenue authorities invoked provisions of section 40A(3) without taking into consideration applicability of exceptional circumstances as specified in Rule 6DD of 1962 Rules, impugned disallowance deserved to be deleted

from www.taxmann.com Latest Case Laws https://ift.tt/2LBfoC0
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