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Sec.40a(3)

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Querist : Anonymous (Querist)
19 September 2014 suppose an employer needs to pay a monthly salary 0f Rs.15000/- to one of his employee.he passes due entry for two months apr 14 on 30/04/14 and for may 14 on 31/05/14 each for rs. 15000/-but he actually pays the total salary only on june 5 2014 rs.15000*2=30000/- will the expense of rs.30000/- be disaalowed under section 40a(3).Please give the answer as per provisions of the I.T.Act
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 September 2014 if salary is paid in cash to 1 person above 20,000 then only sec 40A(3) is applicable.

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