https://www.taxtmi.com/forum/issue?id=3423 A real estate company made cash payments exceeding the statutory limit for land purchase; the key issue is whether such payments are disallowable under 40A(3). The advisory directs that applicability turns on the exceptions contained in rule 6DD, so deductibility depends on whether the payment meets those exception conditions. en-us Tue, 20 Sep 2011 22:41:41 +0530 Thu, 23 Jan 2025 15:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3423 A real estate company made cash payments exceeding the statutory limit for land purchase; the key issue is whether such payments are disallowable under 40A(3). The advisory directs that applicability turns on the exceptions contained in rule 6DD, so deductibility depends on whether the payment meets those exception conditions. Discussion-Forum Income Tax Tue, 20 Sep 2011 22:41:41 +0530 https://www.taxtmi.com/forum/issue?id=3423