Cash payments equal rs 20,000

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2014 Dear All,

Please confirm U/s 40a(3)is cash payments exactly equal to Rs 20,000 is disallowed or it should be exceedign Rs 20,000.


Regards




21 April 2014 It should b in excess of Rs. 20K.

21 April 2014 it disallow if you payment of Rs. 20001

till rs, 20000/- not disallowed


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