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Section 40A(3) of income tax act

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....ection 40A(3) of income tax act<br> Query (Issue) Started By: - Raj Malik Dated:- 22-2-2017 Income Tax<br>Income Tax<br>Kindly suggest whether following exp will be disallowed or not u/s 40A(3) 1. Si....

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....ngle transaction(Single voucher) is made in excess of &#8377; 20,000 in which payment is made to different persons for diff exp. 2. Single voucher is made for the exp. incurred during whole month is ....

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....more than &#8377; 20000 for same party. .<br> Discussion Forum - Knowledge Sharing ....