Avoid Cash Payments and Cash Receipts, both – Income Tax updates

Avoid Cash Payments and Cash Receipts, both – Income Tax updates

Avoid Cash Payments and Cash Receipts, both – Income Tax updates

AVOID Cash Payments and Cash Receipts ( both )


Section 40A(3) /(3A) :

Revenue Expenditure :- Deduction not allowed for expenses made in cash to a person exceeds Rs. 10,000 in a day.

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