Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Disallowance u/s 40 a (3) of income tax act

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

18 September 2013 My query is whether section 40A(3) is applicable to Charitable trusts?For instance if a charitable Trust makes an expenditure by paying cash exceeding Rs.20000, then will it be allowed for Deduction?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

23 September 2013 Section 40 doesn't apply to charitable trusts registered under 12A.

Please refer to Mahatma Gandhi Seva Mandir V.
Deputy Director of Income-tax (E) 1(2), Mumbai (IT APPEAL NO.4138 (MUM.) OF 2011 -[ASSESSMENT YEAR 2007-08]

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Ankit Mehta

Ankit Mehta

Pro Member Badhri Narayanan

Badhri Narayanan

Pro Member Shunmugavel Manohar

Shunmugavel Manohar

Pro Member Narendra

Narendra

Pro Member Shraddha Pangam

Shraddha Pangam

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details

19 May 2026

Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

ARTICLESHIP 09 June 2026

Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details

ARTICLESHIP 15 May 2026

Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details