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Section 40A(3), Income Tax |
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Section 40A(3) |
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Dear Sir, In case Foreign Brach Spent money in cash (In Foreign Currency) equivalent to more than Rs 20,000, whether Section 40A(3) will be attracted and the same will be disallowed. Regards RAPG & Co. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
I think it should be disallowed as the payment is released more than Rs.20000/- whether to pay an indian citizen or to any other.
Thanxx...&...Regards..... Raj Page: 1 Old Query - New Comments are closed. |
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