Disallowed u/s 40(a)


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2014 Dear sirs


if payment made by bearer cheque more than 20K, do it is disallowed u/s 40(a) or not ?


thanks


13 May 2014 Yes dear it is fully disallowed u/s 40A(3)


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