13 April 2018
Dear Sir, We have received a bill of Rs.14500/- to be paid in cash . I want to know if I would make this payment against this bill in two dates(7000/- and 7500/-) then also the disallowance U/S 40A(3) will hit.
16 April 2018
40 A (3) is applicable , if cash more than 10000 is paid in one day. if the payment is made on two dates and each payment is less than 10000. than no dIS AllOwance u/s 40 A (3)
CAclubindia
