40(a)3

This query is : Resolved 

11 March 2015 Dear Sir/Friends, Can we make the payment in excess of Rs. 20,000/- in a single day to a 'Multiple Party' of multiple bills as per sec 40(A)3?. Regards, AK.

11 March 2015 ya we can... if party is not the same... and payment to each single party is below 20000



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