query under section 35AD of income tax

sheik javid (student) (281 Points)

22 April 2018  
Anyone can clearly explain exactly what it does means "Any expenditure in respect of which payment or aggregate of payment made to a person of an amount exceeding₹10000 in a day otherwise than by account payee cheque drawn on a bank or an account payee bank draft or use of electronic clearing system through a bank account would not be eligible for deduction"