Section 40A(3) disallowance of expense made in cash & its exceptions

CA VIRAL SANGHVI , Last updated: 06 December 2016  
  Share

Section 40A(3) of the Income tax Act, The payment made more than 20,000 in cash and its result. Section 40a(3) of the Income tax Act provides that any expenditure incurred in relation to business is made in a sum exceeding Rs.20,000/- in a single day otherwise than by account payee cheque or draf

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CA VIRAL SANGHVI
(Finance head)
Category Income Tax   Report

Other Articles  
Comment   Share
3 Likes   20555 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category