Can electricity bills payment to WBSEDCL in cash above Rs. 20,000/- be disallowed u/a 40A(3) of IT Act?
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Expenses made in cash above Rs. 20000/- can claim eligible deductions in case payment for electricit
Replies (1)
No, it will not be disallowed under 40A(3).
Such payment in cash is within the exceptions provided in the said section.
Such payment in cash is within the exceptions provided in the said section.
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