https://www.taxtmi.com/highlights?id=14273 Disallowance u/s 40A(3) r.w.r 6DD - Cash payment - as per the amended provisions, the said provisions shall apply only if the aggregate amount of payments made to single party in a day exceeds Rs.20,000/-. if an assessee makes payment of Rs.20,000/- in a day and he so makes payments in five days, then such splitting up of payments would not be hit even by amended provisions. - AT en-us Wed, 04 Sep 2013 09:05:06 +0530 Wed, 04 Sep 2013 09:05:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14273 Disallowance u/s 40A(3) r.w.r 6DD - Cash payment - as per the amended provisions, the said provisions shall apply only if the aggregate amount of payments made to single party in a day exceeds Rs.20,000/-. if an assessee makes payment of Rs.20,000/- in a day and he so makes payments in five days, then such splitting up of payments would not be hit even by amended provisions. - AT Highlights Income Tax Wed, 04 Sep 2013 09:05:06 +0530 https://www.taxtmi.com/highlights?id=14273