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What is cash limit payment under income tax

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(Querist)
20 March 2023 what is cash limit payment under income tax under section 40A.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
20 March 2023 As per Sec. 40A(3) of IT act, cash limit is Rs. 20,000/-

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