https://www.taxtmi.com/highlights?id=56277 Addition u/s 40A - Payment in cash for purchase of land - when the assessee has not debited the amount of cost of land in the profit & loss account nor claimed any deduction in respect of cost of land by way of computation, provisions contained u/s 40A(3) are not attracted, so AO/CIT(A) have erred in making / confirming the disallowance - AT en-us Tue, 12 Jan 2021 13:32:11 +0530 Tue, 12 Jan 2021 13:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56277 Addition u/s 40A - Payment in cash for purchase of land - when the assessee has not debited the amount of cost of land in the profit & loss account nor claimed any deduction in respect of cost of land by way of computation, provisions contained u/s 40A(3) are not attracted, so AO/CIT(A) have erred in making / confirming the disallowance - AT Highlights Income Tax Tue, 12 Jan 2021 13:32:11 +0530 https://www.taxtmi.com/highlights?id=56277