Hello
if payment is made rs 10,000/- in f.y.2017-18
then it will disallowed or not(40A(3))
40A(3) is applicable from 01.04.2017 so any expense in cash above 10k will be disallowed expense.
Better break expenses.
Above 10k is not allowed
So if its exact 10k then its allowed
any expenses more than 10k is disallowed
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CAclubindia
