section 40A(3) read wth rule 6DD
This query is : Resolved
08 June 2010
is salary payment in cash above Rs.20000 is allowable in general conditions under Income Tax Act.
Sunil Kr. Sanganeria
(Expert)
08 June 2010
No its not an allowable expenditure under section 40A(3) of the Income Tax Act
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08 June 2010
AGREE WITH EXPERT
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