Disallowance u/s 40(a)(ia) or 40A(3)

Satish Makam (Asst. Manager - Accounts)   (294 Points)

06 October 2009  

If the rent Rs.50,000/- PM is paid in cash and No TDS is deducted.

now my doubt is the disallowance is u/s 40(a)(ia) or 40A(3).

My net profit before any disallowances is 500000.

now what amount would be taxable after disallawances?