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 .....

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..... RAPG Co. - Reply By Raj Kumar - The Reply = 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... ...Reg .....

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..... ards..... Raj - Section 40A(3) - Query Started By: - PANKAJ GROVER Dated:- 2-7-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal .....

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..... opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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