Government Contractor's Cash Payments Over Rs. 20,000 Disallowed Under Income Tax Act; High Court Confirms Additions. https://www.taxtmi.com/highlights?id=74013 Disallowance u/s 40A(3) - assessee, who is the appellant, is a government contractor showed payments exceeding Rs. 20,000/- in cash on various dates for materials purchased - there are no vouchers produced to substantiate the claim of separate payments having been made on a single day at the work spots where the delivery of the goods supplied were made. - Additions confirmed - HC en-us Sat, 06 Jan 2024 10:12:56 +0530 Sat, 06 Jan 2024 21:40:22 +0530 TaxTMI RSS Generator Government Contractor's Cash Payments Over Rs. 20,000 Disallowed Under Income Tax Act; High Court Confirms Additions. https://www.taxtmi.com/highlights?id=74013 Disallowance u/s 40A(3) - assessee, who is the appellant, is a government contractor showed payments exceeding Rs. 20,000/- in cash on various dates for materials purchased - there are no vouchers produced to substantiate the claim of separate payments having been made on a single day at the work spots where the delivery of the goods supplied were made. - Additions confirmed - HC Highlights Income Tax Sat, 06 Jan 2024 10:12:56 +0530 https://www.taxtmi.com/highlights?id=74013