DISALLOWANCE U/S 40A(3) INCOME TAX ACT

DHRUV (student) (123 Points)

06 May 2023  

IF TALK ABOUT SECTION 40A(3) disallowance on spending cash exceeding 10,000(earlier 20,000), was there any amendment in a year which stated that only 20% will be disallowed instead of 100% in case of such violation?