Section 40a3

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Rekha Sharma

Rekha Sharma (Querist)
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21 September 2011 how can i know section 40A3 applicable or not?

VISHRUT

VISHRUT (Expert)
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21 September 2011 It will be applicable on Cash Payments or advance to a person in excess of Rs. 20,000/- on a single day however you can enjoy relaxation under Rule 6DD provisions.

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Section 40a3

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