Home / 
Cash Payments Over Limit Face Disallowance: No Immunity Under Income Tax Act's Section 40A(3) for Businesses.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance u/s 40A(3) of the Act – Cash payment for business purpose – it cannot be said that the assessee has immunity from the provisions of section 40A(3) of the act - AT....
TaxTMI