🧾 Income Tax Update | Section 40A(3) & Rule 6DD
The Assessing Officer (AO) disallowed cash payments made towards purchases under Section 40A(3) of the Income-tax Act on the ground that the payments exceeded the prescribed threshold limit.
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The Assessing Officer (AO) disallowed cash payments made towards purchases under Section 40A(3) of the Income-tax Act on the ground that the payments exceeded the prescribed threshold limit.
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