section 40a 3 of income tax

Amendment in Section 40A(3) of Income Tax Cash Transaction of 20000 Per day

Sub-section (3) of Section 40A of the Income-tax Act, before amendment by the Act, specified that any expenditure in …

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section 40 A3

PAYMENT EXCEEDS 20000 SECTION 40A 3 INCOME TAX EXEMPTION

Section 40A(3) of the income tax act says that if the assessee makes any payment or receipt, expect from cross payee …

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section 40 A3

No penalty if cash received 20000 each from 6 persons

Income tax law provides under section 40(A)3 of income tax act as a person can not take more than 20000 rupees in cash…

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