Section 40 a(3)

This query is : Resolved 

28 September 2015 Dear sir/Madam,
what if the assessee received income more than 20000 in cash(PGBP Income). If yes/no please give me supporting answer.
Thanks

28 September 2015 it was allowed.. but keep in mind about section 269ss and 2699tt also now...

28 September 2015 Is there any supporting provision or any case law for your answer.

28 September 2015 Is there any supporting provision or any case law for your answer.

28 September 2015 there is no any problem in receiving income in CASH.


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