Author Topic: S.40.A(3) : No disall. A's claim not covered by the exceptions under rule 6DD  (Read 4856 times)

subash agarwal

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 Section 40A(3) - Where payments are  made against purchase of traded goods exceeding ₹ 20,000 and assessee's claim is not covered by any of the exceptions provided under rule 6DD, still rule 6DD cannot be mechanically applied.ITAT CUTTACK gives the reason.

Ratio n Full text of the decision  at-