Sec40A(3)
This query is : Resolved
25 June 2009
Hi,
As per latest Ammendment, if cash payment to one party in "one day" exceed Rs 20,000, the whole amount will be disallowed.
can any one tell me form which day this rule in applicable
As per latest Ammendment, if cash payment to one party in "one day" exceed Rs 20,000, the whole amount will be disallowed.
can any one tell me form which day this rule in applicable
25 June 2009
w.e.f. 1-4-2008 i.e. A.Y. 2009-2010.
25 June 2009
agree with the expert
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