ITAT allowed cash exp. incurred at quarry site as there was no banking facility available

ITAT allowed cash exp. incurred at quarry site as there was no banking facility available

Where expenses in cash were incurred by assessee at quarry site, where there was no banking facility they will be covered by clause (g) of rule 6DD and accordingly provisions of section 40A(3) shall not be applied to said expenses

Where merely because certain expenditure had been incurred by way of cash, same within verification could not be considered as not related to business activities of assessee

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