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Section 40a (3)

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(Querist)
20 September 2015 WHETHER PAYMENT MADE TO CREDITORS ABOVE RS TWENTY THOUSAND IN RESPECT OF PURCHASE MADE EARLIER IS ALLOWED OR NOT
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
20 September 2015 No it's not allowed if crossed limits....
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praveen

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praveen (Expert)
20 September 2015 Not allowed pursuant to Section 40A(3A) introduced in the budget the same is not allowed.
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