https://www.taxtmi.com/highlights?id=52509 Addition u/s 40A - purchase by cash exceeding ₹ 20,000/- on various dates in one bill - merely accepting the purchase by the AO - it was duty of the assessee to prove as to whether particular payees have incorporated in their books for computing their profits on the respective sales or not and we also noted from the submission of the assessee that there are contradictory submissions before the authorities below - Additions confirmed - AT en-us Mon, 23 Mar 2020 11:55:23 +0530 Mon, 23 Mar 2020 11:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52509 Addition u/s 40A - purchase by cash exceeding ₹ 20,000/- on various dates in one bill - merely accepting the purchase by the AO - it was duty of the assessee to prove as to whether particular payees have incorporated in their books for computing their profits on the respective sales or not and we also noted from the submission of the assessee that there are contradictory submissions before the authorities below - Additions confirmed - AT Highlights Income Tax Mon, 23 Mar 2020 11:55:23 +0530 https://www.taxtmi.com/highlights?id=52509