Saturday, April 4, 2020

ITAT allowed cash exp. incurred at quarry site as there was no banking facility available

INCOME TAX : Where expenses in cash were incurred by assessee at quarry site, where there was no banking facility they will be covered by clause (g) of rule 6DD and accordingly provisions of section 40A(3) shall not be applied to said expenses

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