Section 40A of Income Tax Act
Section 40A of Income Tax Act Expenses or payments not deductible in certain circumstances. [ Inserted by the Finance Act, 1968, w.e.f. 1-4-1968.] 40A. (1) The provisions of this section shall have effect notwithstanding anything to the contrary contained in any other provision of this Act relating to the computation of income under the head “Profits and… Read More »