https://www.taxtmi.com/caselaws?id=327223 The High Court upheld the application of section 40A(3) in disallowing deductions for cash purchases of gold jewellery exceeding the specified limit, as found during search operations, and dismissed the appeal challenging the disallowance in the computation of undisclosed income for the block period. en-us Wed, 25 Nov 2015 00:00:00 +0530 Fri, 06 May 2016 11:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327223 The High Court upheld the application of section 40A(3) in disallowing deductions for cash purchases of gold jewellery exceeding the specified limit, as found during search operations, and dismissed the appeal challenging the disallowance in the computation of undisclosed income for the block period. Case-Laws Income Tax Wed, 25 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327223