If we incur cash expense on purchase of goods of 49000 (including GST). Can we pay and break the cash payment in 5 days to prevent the disallowance of section 40(A)(3) under income tax.
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Section 40(A)(3) : Planning for disallowance of cash expenses above 10000
Replies (3)
Quick Summary
Will be disallowed .
please confirm with others also.
Yes it can be done
Yes tax planning can be done, but make sure quantity of be billed accordingly
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09 September 2026
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