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Cash payment under section 40A(3)

This query is : Resolved 

02 March 2023 If a person or a company pays through cash exceeding ₹20000 of agricultural product scrap like rusk or jute .Would this payment will be allowed or disallowed as per sec 40A(3)?


Would agricultural product scrap would come under agricultural product ?

02 March 2023 If you are paying cash amount to any farmer, it will not be disallowed.



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