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    <title>Land Purchase Recorded as Stock in Trade; No Disallowance u/s 40A(3) for Unclaimed Expenditure in Income Calculation.</title>
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    <description>Cash expenditure - purchase of land shown as stock in trade - as no expenditure having been claimed by the assessee in the profit and loss account while computing its total income, no disallowance u/s 40A(3) can be made - AT</description>
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