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18 December 2011 Under which section the cash payment exceeding 20000/- is liable to disallowance by the income tax act ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 December 2011 Section 40A(3) of Income tax act
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
18 December 2011 Cash Expenses over Rs. 20000/- Disallowed under section 40A(3) and 40A(3A) of Income Tax Act 1961
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