we made the cash Payment of Rs.50,000 of Indirect tax(Entry Tax etc.) to Government.
Does it allow in Income Tax Act?
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Section 40a(3) query
Replies (2)
Since u made payment to the government the expenditure is allowable and it does not attract 40 A (3)
payment made to govt. whether it is in cash or any other mode does not attract sec 40A(3)..Hence, the entire amount paid by you shall be allowed
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