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Domain charges

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(Querist)
26 March 2016 whether domain charges paid in cash above Rs20000 is acceptable and if tds is applicable?
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Ankur Singhal

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Ankur Singhal (Expert)
26 March 2016 DEAR
BOTH THE SECTIONS ARE TO BE READ IN ISOLATION.
YOU CAN NOT CONNECT THE SECTIONS. THE EXPENSE WILL BE DISALLOWED SINCE SECTION 40A(3) IS VIOLATED.
NO MATTER THE TDS HAS BEEN DEDUCTED.

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