40a(3)

Tax queries 259 views 1 replies

Bill Amount Rs.20,408/- Payment to contractor in CASH Rs. 20,000/- TDS Amt Rs. 408/- Will the Payment made to the contractor disallowed u/s 40A(3) ?

Replies (1)
Any amount paind in cash exceeding 20000 will be disallowed. In this case, it will be allowed. A J H & CO 9868729930 anubhavjain @ ajhco.in


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