Section 40(a)(3)

Devendra (Chartered Accountant) (4775 Points)

18 June 2012  

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)?





Devendra Kulkarni