Measures to discourage cash transactions :
|PARTICUL ARS OF AMENDME NTS||SECTION||AMENDMENT / NEWLY
|BRIEF OF AMENDMENT|
|40A||AMENDED||01st April 2018
|It is proposed that any expenditure in respect of which
payment or aggregate of payments made to a person in a
day exceeds Rs.10,000 shall not be allowed as deductionThus the threshold of cash payments to a person in a day
has been reduced from Rs 20000 to Rs 10000.