For expert 40a(3)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2011
if cash payment made for exp. is 19,999.51 then this section will apply or not. apply section 288A.
section 40a(3) refers EXCEEDING 20,000.
please give me case law if u have.
section 40a(3) refers EXCEEDING 20,000.
please give me case law if u have.
31 August 2011
40 A (3) will not apply,
Sec 288A cant be applied to Cash payment, as it is applied to tax
and it should exceed 20000
Sec 288A cant be applied to Cash payment, as it is applied to tax
and it should exceed 20000
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