https://www.taxtmi.com/highlights?id=73230 Addition u/s 40A - cash purchases - Once the genuineness of the cash payment for purchasing the movie rights have been considered by the revenue authority with respect to the other transaction namely, for the other part of the amount which was paid through the banking channel , then the transaction cannot be doubted by the revenue authorities. - Additions deleted - AT en-us Sat, 25 Nov 2023 07:27:57 +0530 Sat, 25 Nov 2023 07:27:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73230 Addition u/s 40A - cash purchases - Once the genuineness of the cash payment for purchasing the movie rights have been considered by the revenue authority with respect to the other transaction namely, for the other part of the amount which was paid through the banking channel , then the transaction cannot be doubted by the revenue authorities. - Additions deleted - AT Highlights Income Tax Sat, 25 Nov 2023 07:27:57 +0530 https://www.taxtmi.com/highlights?id=73230