{"id":37953,"date":"2023-11-11T09:23:41","date_gmt":"2023-11-11T03:53:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=37953"},"modified":"2023-11-28T05:30:41","modified_gmt":"2023-11-28T00:00:41","slug":"cash-purchases-u-sec-40a3","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/cash-purchases-u-sec-40a3\/","title":{"rendered":"Cash Purchases U\/sec. 40A(3)"},"content":{"rendered":"<p>Assessee is partnership firm engaged in ginning of cotton. It purchases cotton in cash from agriculturist through the Adatya claimed that it is payment to agriculturist and no disallwance be made u\/sec. 40 A(3) of Act.\u00a0 Agriculturist confirm this transcation and accepted that they have received payment in cash.\u00a0 Ao has disallowed U\/Sec\u00a0 40 A(3) on the ground that it is not transcation between agriculturist and not covered by exception provided in Rules.\u00a0 Is action of AO is legally justified<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[22],"qa_category":[23],"qa_tag":[76,839,1085],"class_list":["post-37953","qa","type-qa","status-publish","hentry","qa_expert-advocate-neelam-jadhav","qa_category-income-tax","qa_tag-business-expenditure","qa_tag-cash-purchases","qa_tag-s-40a3"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/37953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=37953"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=37953"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=37953"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=37953"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=37953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}