Section 40a (3)
This query is : Resolved
20 September 2015
WHETHER PAYMENT MADE TO CREDITORS ABOVE RS TWENTY THOUSAND IN RESPECT OF PURCHASE MADE EARLIER IS ALLOWED OR NOT
CA AnKiT BoHrA (AB)
(Expert)
20 September 2015
No it's not allowed if crossed limits....
20 September 2015
Not allowed pursuant to Section 40A(3A) introduced in the budget the same is not allowed.
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