Is Section 40 A(3) of income tax applicable for Paytm payment?

Asked on February 12, 2019 in Miscellaneous.
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2 Answer(s)

No, as sec 40A (3) is applicable to only cash transactions exceeding Rs 10,000 were as paytm is mode of electronic payment of transaction.

Answered on February 12, 2019.
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Perhaps a correct answer would be from the tax authority that you will be remitting to.

Answered on February 12, 2019.
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Your Answer

Gen GST