Cash Payments Under Scrutiny: Separate Invoices and Daily Limits Key to Compliance with Section 40A(3) Income Tax Act.

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....Payment of expenses in cash - Addition being cash payment in contravention to the provisions of section 40A(3) - if separate invoices have been raised in respect of each payment by various parties and payment on a single day to a party does not exceed Rs. 20,000/- then there is no reason to disturb the findings of the Ld. CIT(A). - AT....