Sec 40a(3)
This query is : Resolved
28 May 2012
Cash paid to family members on death of employee amounting to Rs.2 lac .
Is it disallowed under Sec 40A(3) ?
Is it disallowed under Sec 40A(3) ?
28 May 2012
Yes, Section 40A(3) shall be attracted if the amount paid is claimed as an expense.
28 May 2012
Agree with Mr. Siddhartha, It will be disallowed even if it is paid on death.
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