Payment of Rs. ` 45,000 made in cash towards purchases of medicines. T – McqOptions

MCQOPTIONS

1.	Payment of Rs. ` 45,000 made in cash towards purchases of medicines. The amount of disallowance under section 40A(3) is -
A.	Rs 45,000
B.	Rs 30,000
C.	Nil
D.	Rs 20,000
Answer» B. Rs 30,000

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