40a (3) vs 40 (a) (ia) - form 3cd disclosure

CA Final Student (and Trainee Accountant) (373 Points)

02 October 2014  

When a payment more than Rs 20000 is made in cash, and if it is disallowed under Section - 40 A (3)  and Section - 40 a (ia) [TDS not deducted].

Then, my query is where to disclose such transaction? under 40 A (3)? or  40 (a) (ia)? or both?

Pl support your answer with any circular/ section/ etc whatever available