https://www.taxtmi.com/highlights?id=73386 Disallowance of expenditure u/s. 40A(3) - AO without verifying necessary cash book to ascertain the quantum of payments has simply made disallowance with a vague observation on the basis of bonus register, ignoring the arguments of the assessee that cash payment in a single day to any person does not exceeded the prescribed limit as per the provisions of section 40A(3). - CIT(A) rightly deleted the additions - AT en-us Mon, 04 Dec 2023 11:01:59 +0530 Mon, 04 Dec 2023 11:01:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73386 Disallowance of expenditure u/s. 40A(3) - AO without verifying necessary cash book to ascertain the quantum of payments has simply made disallowance with a vague observation on the basis of bonus register, ignoring the arguments of the assessee that cash payment in a single day to any person does not exceeded the prescribed limit as per the provisions of section 40A(3). - CIT(A) rightly deleted the additions - AT Highlights Income Tax Mon, 04 Dec 2023 11:01:59 +0530 https://www.taxtmi.com/highlights?id=73386