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40 A (3)

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(Querist)
02 June 2009 Dear Sir
there is recent amendment in 40A (3) that if payment is made in a single day with different bills which exceeds 20000/- is dis allowable expendeture is this amendment applicable to 2008-09 transactions also or only the transactions from 1.4.2009?
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SUBRAMANYA H

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SUBRAMANYA H (Expert)
02 June 2009 IT IS APPICABLE FOR ALL YEARS TILL FURTHER AMENDMENT IS MADE BY DEPT
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