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
CAclubindia
