Section 40(a)3. cash payment exceeding 20000

CA Sonal (job)     12 June 2013

CA Sonal
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Is cash payment made for purchase of cement and hardware goods of an amount exceedind Rs.20000 to a creditor allowed under section 40(a)3?????


CA Ramsai N (Fresher)     12 June 2013

CA Ramsai N
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If such payment is on single day , then the total expenses is not allowed as deduction.


And check Rule 6DD - Point h and proceed

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