Section 40(a)(3)

Dear Members,

 

1) Whether payments made towards Electricity Charges above Rs. 20000/- be disallowed u/s 40(A)(3)?

 

 

2)Also, whether payment made towards Franking Charges to the Bank for verification of documents in connection with   Increasing the CC Limit be disallowed u/s40(A)(3)?

 

 

 

Regards,

Devendra Kulkarni

Replies (1)

As the payments are not being made to the govt. in both the cases above, the disallowance would get attracted.

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