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amendment in section 40A(3)

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(Querist)
25 March 2009 Please explain recent amendment in sec 40A(3)with example
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CA JAIMIN TRIVEDI

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CA JAIMIN TRIVEDI (Expert)
25 March 2009 The latest amendment made in Section 40A(3) is that the whole expenditure will be disallowed, i.e. 100% if that expenditure is paid by cash.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
25 March 2009 i support Mr. Trivedi
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