Court Rules No Additions for Cash Deposits u/s 40A(3); No Tax Evasion Found in Business Transactions.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance / addition us 40A(3) - cash expenditure - business expediency - Amount was directly deposited the cash in the account of the companies - there is no evasion of tax by claiming the bogus expenditure in cash. - No additions - AT....