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income tax
amount paid in cash for purchase in excess of 10000 in a single day is disallowed under section 40 (a) 3 or not
Replies (7)
I want to just khown whether purchase fall in this section or not
40A(3) attracts all kind of expenses including capital expenses
Yes... Atract including purchase...
Before this finance act this section is not applicable on purchase and capital expenditure
No bro...
20k limit is applicable one person to another person. But, Somebody can't follow this
20k limit is applicable one person to another person. But, Somebody can't follow this
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