I would like to know if payment for purchase of a depreciable asset exceeding 20000 is made in cash, would provisions of Sec 40A(3) be invoked on the depreciation claimed on the asset...
pls throw light on the matter...if possible with citations
I would like to know if payment for purchase of a depreciable asset exceeding 20000 is made in cash, would provisions of Sec 40A(3) be invoked on the depreciation claimed on the asset...
pls throw light on the matter...if possible with citations