PCIT v. Keerthi Agro Mills (P.) Ltd.
38 Taxmann.com 386High Court2013#7008 most cited
What is PCIT v. Keerthi Agro Mills (P.) Ltd. authority for?
The applicability of Rule 6DD of the Income Tax Rules for the purchase of paddy, especially when purchases are made from farmers, is upheld. Cash purchases from farmers are not to be disallowed under Section 40A(3) if they meet the conditions of Rule 6DD.
16
judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2022 to 2022.
Also referred to as
PCIT v. Keerthi Agro Mills (P.) Ltd. · Section 40A(3) · Rule 6DD · cash purchases · farmers · paddy · agricultural produce · disallowance