Amendment of section 40A.

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..... ction (4), after the words such cheque or draft or electronic clearing system , the words or such other electronic mode as may be prescribed shall be inserted. - Clause 11 of the Bill seeks to amend section 40A of the Incometax Act relating to expenses or payments not deductible in certain circumstances. Sub-sections ( 3 ), ( 3A ) and ( 4 ) of the said section provide for disallowance of any expen .....

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