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40a(3) disallowance

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(Querist)
29 December 2017 Whether 40A(3) disallowance attracts for payment to KSEB as electricity charges?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 December 2017 Yes , 40A (3) attracts, being not a payment to Government but to a Ltd company.

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