40A(3) & 194C

 The following sub-sections (3) and (3A) shall be substituted for sub-section (3) of section 40A by the Finance Act, 2008, w.e.f. 1-4-2009 :

Dear Dhruv

As per new amendment

Any Expenditure payment made to a person in a day exceeding Rs.20000/- in respect of a single bill or more than one bill otherwise than A/c payee cheque or Bank draft shall be disallowed.

so far your case is concerned Bills were raised on different dates, and amount of each bill does not exceed Rs.20000/-.so nothing shall be disallowed though payment made exceeding Rs.20000/-.

Dear ,There are two bill so don't worry  but pay with different Vrs & 94 C will not be applicable as single bill have to be of 20K,

I WISH TO ASK ABOUT SUBMISSION OF FORM 15J UNDER SECTION 194C OF THE IT ACT  . IF ONE FAILS TO SUBMIT THE DETAILS TO THE INCOME TAX WHAT WOULD BE THE IMPLICATON.

WHAT IF ANY EXPENDITURE AMOUNTING IN EXCESS IF 20000/- SAY 40000/- IS PAID IN CASH ON 2 OR 3  SEPERATE DAYS . HOW WOULD THIS BE TREATED