Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Amendment of section 40A.

Clause 15 - Bills - DIRECT TAXES - Income-tax - FINANCE BILL, 2017 - Clause 15 - 15. In section 40A of the Income-tax Act,- (a) in sub-section (2), in clause (a), in the proviso, after the words Provided that , the words, figures and letters for an a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

em through a bank account, exceeds ten thousand rupees, shall be substituted; (B) in sub-section (3A),- (i) after the words account payee bank draft, , the words or use of electronic clearing system through a bank account shall be inserted; (ii) for .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

and rupees, shall be substituted; (iv) in the second proviso, for the words twenty thousand rupees , the words ten thousand rupees shall be substituted; (C) in sub-section (4),- (i) after the words account payee bank draft , the words or use of elect .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

expenses or payments not deductible in certain circumstances. Sub-section (3) of the said section provides that where the assessee incurs any expenditure in respect of which payment exceeding twenty thousand rupees is made otherwise than by an accou .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.