https://www.taxtmi.com/highlights?id=3970 Disallow the benefits of section 40A(3),(3A) - fragmented payments made in a day more than Rs. 20,000 – in the year 2009, the Parliament had amended the provision and added word “aggregate” in the section 40(3) - Since the benefit of the amended provision was not available during the assessment year and is not retrospective in nature no point of disallowance - HC en-us Sat, 09 Jun 2012 08:17:03 +0530 Sat, 09 Jun 2012 08:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=3970 Disallow the benefits of section 40A(3),(3A) - fragmented payments made in a day more than Rs. 20,000 – in the year 2009, the Parliament had amended the provision and added word “aggregate” in the section 40(3) - Since the benefit of the amended provision was not available during the assessment year and is not retrospective in nature no point of disallowance - HC Highlights Income Tax Sat, 09 Jun 2012 08:17:03 +0530 https://www.taxtmi.com/highlights?id=3970