Section 40A(3) Clarified: Independent Cash Book Entries for Purchases and Sales Not a Violation of Tax Rules.

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....Disallowance u/s 40A(3) - cash payments exceeding the sum of ₹ 20,000 - merely recording the connected purchase and sale transactions independently and separately instead of net adjusted amount in the cash book does not amount the violation of section 40A(3) - AT....