SEC 40A(3)

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..... Dear Sir/Madam, Please clarify the below Query u/s 40A(3) Mr. X purchased goods on credit on 01.08.2017 for ₹ 29,000. He makes payment of bills as follows:- On 02.08.2017 ₹ 10,000 .....

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..... On 03.08.2017 ₹ 9,000 On 04.08.2017 ₹ 10,000. He made all 3 bills through cash payment. Whether such an expenditure shall be allowed or disallowed u/s 40A(3) ? - Reply By DR.MARIA .....

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..... PPAN GOVINDARAJAN - The Reply = In my view allowed. - SEC 40A(3) - Query Started By: - KUMAR Narasimhan Dated:- 7-7-2021 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharin .....

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

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