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Sec 40a(3)

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(Querist)
28 May 2012 Cash paid to family members on death of employee amounting to Rs.2 lac .

Is it disallowed under Sec 40A(3) ?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
28 May 2012 Yes, Section 40A(3) shall be attracted if the amount paid is claimed as an expense.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
28 May 2012 Agree with Mr. Siddhartha, It will be disallowed even if it is paid on death.
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