Cash Payments Over Rs.20,000 to Associates Not Justified for Disallowance Deletion u/s 40A(3) of Income Tax Act. https://www.taxtmi.com/highlights?id=5794 Payments made in excess of Rs.20,000/- in cash was not a justifiable reason for deleting the disallowance under Section 40A(3) of the Act as payment is made to associate concern. - AT en-us Mon, 15 Oct 2012 16:57:49 +0530 Mon, 15 Oct 2012 16:57:49 +0530 TaxTMI RSS Generator Cash Payments Over Rs.20,000 to Associates Not Justified for Disallowance Deletion u/s 40A(3) of Income Tax Act. https://www.taxtmi.com/highlights?id=5794 Payments made in excess of Rs.20,000/- in cash was not a justifiable reason for deleting the disallowance under Section 40A(3) of the Act as payment is made to associate concern. - AT Highlights Income Tax Mon, 15 Oct 2012 16:57:49 +0530 https://www.taxtmi.com/highlights?id=5794