https://www.taxtmi.com/highlights?id=29160 Disallowance u/s 40A(3) - cash payments exceeding the sum of ₹ 20,000 - merely recording the connected purchase and sale transactions independently and separately instead of net adjusted amount in the cash book does not amount the violation of section 40A(3) - AT en-us Thu, 12 May 2016 01:23:17 +0530 Thu, 12 May 2016 01:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29160 Disallowance u/s 40A(3) - cash payments exceeding the sum of ₹ 20,000 - merely recording the connected purchase and sale transactions independently and separately instead of net adjusted amount in the cash book does not amount the violation of section 40A(3) - AT Highlights Income Tax Thu, 12 May 2016 01:23:17 +0530 https://www.taxtmi.com/highlights?id=29160