https://www.taxtmi.com/highlights?id=39437 Addition made u/s 40A(3) - payment through bearer cheques - payment made otherwise than by cheque or crossed cheque - since the entries in the bank statement reflects the names of two parties and also because of compelling circumstances of the sellers asking for such payment, then we hold that there is no merit in invoking provisions of section 40A(3) to such transactions - AT en-us Thu, 17 May 2018 10:50:51 +0530 Thu, 17 May 2018 10:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39437 Addition made u/s 40A(3) - payment through bearer cheques - payment made otherwise than by cheque or crossed cheque - since the entries in the bank statement reflects the names of two parties and also because of compelling circumstances of the sellers asking for such payment, then we hold that there is no merit in invoking provisions of section 40A(3) to such transactions - AT Highlights Income Tax Thu, 17 May 2018 10:50:51 +0530 https://www.taxtmi.com/highlights?id=39437