Amendment of section 40A.

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Full Text of the Document

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....b-section (4), after the words "such cheque or draft or electronic clearing system", the words "or such other electronic mode as may be prescribed" shall be inserted. - Clause 11 of the Bill seeks to amend section 40A of the Incometax Act relating to expenses or payments not deductible in certain circumstances. Sub-sections (3), (3A) and (4) of the said section provide for disallowance of any ....