Addition towards Cash Payment u/s 40 A(3) will not sustain without Incriminating Material: ITAT [Read Order]

Undisclosed income - corroborative evidence - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Chennai bench has held that addition towards cash payment u/s 40A(3) will not sustain without incriminating material and deleted the addition made by the AO. The assessee was represented by S Sridhar and the revenue was represented by Mr M Rajan The appellant assessee appealed against the order of…

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