Provision of sec 40(a) (3) & 269 ss & 269 t

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 February 2012 Dear Sir,
I am a new article assistant & just joined a firm for my article-ship in my work of tax audit I did not understand the proper difference and meaning of sec 269SS & 269T & of provision of sec 40(A)(3).
Therefore please provide me your opinion about it to help me regarding this.

16 February 2012 Transcation of accepting and paying of LOAN and DEPOSITS are covered under section 269SS and 269T..

40(A)(3) coveres the expenses..



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