High Court Rules Section 40A(3) Does Not Disallow Cash Payments to Kachcha Arahtiya in Commission Agency Business.

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....Disallowance on the ground of section 40A(3) of the Income Tax Act – Cash payment in excess of Rs. 20,000 to Arahtiya - kachcha Arahtiya - purchases were made in the present case in commission agency business from the farmers - no disallowance - HC....