Cash payments

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 August 2013 Sir kindly advise if we have paid 2 lacs to the govt with challan for some land tax charges can we book this expense in our books or will it be in admissible since cash more than 20000 pls advise

20 August 2013 Government tax payment comes under exception under rule 6DD. sec.40A(3) will not apply.

20 August 2013 Yes it will not attract sec 40A(3).


22 August 2013 not attract sec 40a(3)



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