https://www.taxtmi.com/highlights?id=46346 Addition u/s 40A(3) - cash payments in excess of the limit prescribed - each payment, on each day to each person was less than ₹ 20,000/- in cash - There were both purchases and sales from each of the parties and it was only the difference that was settled in cash on various dates - no violation of Section 40A(3) en-us Wed, 08 May 2019 07:23:38 +0530 Wed, 08 May 2019 07:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46346 Addition u/s 40A(3) - cash payments in excess of the limit prescribed - each payment, on each day to each person was less than ₹ 20,000/- in cash - There were both purchases and sales from each of the parties and it was only the difference that was settled in cash on various dates - no violation of Section 40A(3) Highlights Income Tax Wed, 08 May 2019 07:23:38 +0530 https://www.taxtmi.com/highlights?id=46346