40 (a) (3)

Sir

I have an issue regarding 40 (A)(3) payments.

The assessee doing real estate business, while  purchasing the properties have paid cash in excess of 20000/- and registered the document with concerned registrars.

Could any body suggest me the ways and means of avoiding 40 (A)(3) disallowance

 

thanks in advance

Replies (1)

payment made to goverment - not related to 40(a)(3) <Purchase stamp paper etc.>

buy of land - it is inheritant  defect of 40(a)(3)

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