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40a(3)(a) of the income-tax act

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(Querist)
23 January 2013 how section 40A(3) is useful in a non tax giving concern ....e.g society ,NGO etc

as dis allowance of any expense will not affect that particular concern.....
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Soumitra Basu

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Soumitra Basu (Expert)
25 January 2013 YOU CAN MAKE 100% PAYMENT IN CASH.
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SURAJ MISHRA

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SURAJ MISHRA (Querist)
28 January 2013 sir that means 40a3 is not applicable on non profit concerns....?
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