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section 40A(3) of income tax Act 1961

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(Querist)
28 July 2010 sec 40A(3):- one bill of 36000 for purchase material payment made cash 18000 on different date and 18000 on different date any disallowance made or not
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
28 July 2010 NO THERE WILL BE NO DISALLOWANCE.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
28 July 2010 different date payment <20000 not attract sec 40A(3)
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
28 July 2010 Agree.. The expenses will be allowed

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