Sec. 40a(3) of i.tax act 1961

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Querist : Anonymous (Querist)
03 September 2014 will Firm made payment to KESCO (Eletricity Co.) for an amount exceeding Rs.20,000/-, will be allowed under I.Tax Act?

03 September 2014 if paid in cash exceeding 20,000 then disallowed in above mentioned section



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