40a(3)

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(Querist)
21 October 2015 Sir,
i want to know that, is section 40A(3) of income tax allowed to a payment to purchased of goods?
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Amol S Joglekar

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Amol S Joglekar (Expert)
21 October 2015 considerations of business expediency : the cash purchases may be allowed if it falls under business expediency
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