Income Tax Act Section 40A(3) Amendment: Aggregate Daily Cash Payments to One Person, Effective April 1, 2009.

Effect of amendment u/s 40A(3) w.e.f. 1.4.2009 – Total cash payments towards expenditure made to a particular person during a day to be aggregated or not - the amendment is applicable w.e.f. 1st April, 2009 not prior to that - HC .....

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