https://www.taxtmi.com/highlights?id=49953 Addition of purchase expenses in cash u/s.40A(3) - the credit balance of the parties were transferred to the partners account and partners in turn settled the claims of the parties in cash - what is not directly permitted cannot be indirectly permitted. en-us Sat, 02 Nov 2019 11:34:27 +0530 Sat, 02 Nov 2019 11:34:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49953 Addition of purchase expenses in cash u/s.40A(3) - the credit balance of the parties were transferred to the partners account and partners in turn settled the claims of the parties in cash - what is not directly permitted cannot be indirectly permitted. Highlights Income Tax Sat, 02 Nov 2019 11:34:27 +0530 https://www.taxtmi.com/highlights?id=49953