Section 40A(3) Misapplied: Cash Payments for Wholesale Mobile Recharge Vouchers Shouldn't Be Disallowed by AO. https://www.taxtmi.com/highlights?id=19313 Application of section 40A(3) - purchase of mobile recharge vouchers on a wholesale basis - Involvement of cash payment – the disallowance made by the AO by invoking section 40A(3) in the present case is misplaced - AT en-us Mon, 14 Jul 2014 12:31:16 +0530 Mon, 14 Jul 2014 12:31:16 +0530 TaxTMI RSS Generator Section 40A(3) Misapplied: Cash Payments for Wholesale Mobile Recharge Vouchers Shouldn't Be Disallowed by AO. https://www.taxtmi.com/highlights?id=19313 Application of section 40A(3) - purchase of mobile recharge vouchers on a wholesale basis - Involvement of cash payment – the disallowance made by the AO by invoking section 40A(3) in the present case is misplaced - AT Highlights Income Tax Mon, 14 Jul 2014 12:31:16 +0530 https://www.taxtmi.com/highlights?id=19313