Applicability of 40A(3)

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..... Dear all If we make the payment in cash more than 20000 then 40A(3) will be considered. My question is , If we make the payment of salary or full and final settlement to any employee then there is .....

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..... any need to check the compliance of 40A(3). Thanks and regards Pradeep Kumar - Reply By Harish Chander Bhatia - The Reply = Applicability of 40A(3) Yes, section 4 .....

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..... 0A(3) is squarely applicable to the salaries paid, as it is claim as an expenses. It is advised the higher salary should always be paid by cheques to establish it genuniity. - Reply By Pradeep Kum .....

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..... ar - The Reply = Thanks Harish..... - Applicability of 40A(3) - Query Started By: - Pradeep Kumar Dated:- 21-2-2014 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, .....

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..... reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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