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Advance

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2012 My client give advance in cash to workers more than Rs.20000/-.Whether any effect of Sec 40A(3)&3A
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 June 2012 yes. it will attract, this will disallow the expenses booked for the particular advance subject to rule 6DD

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