Disallowable Expenses Alert
Understanding Disallowable Expenses Under Section 40 A of Income Tax Act

Learn which expenses under section 40 A are disallowable and how to ensure your transactions are tax-deductible.

Income Tax Section 269ST
Understanding Section 269ST of the Income Tax Act: Cash Transaction Limits

Learn about Section 269ST of the Income Tax Act, which restricts cash transactions over ₹2 lakh and the penalties for non-compliance.

5% Cash Limit Explained
Understanding the 5% Cash Limit for Tax Audits: What You Need to Know

Learn about the 5% cash limit for tax audits and how it impacts financial compliance and record-keeping requirements.

Section 40A Limits
Understanding Section 40A: Disallowed Expenses Beyond ₹10,000

Learn about Section 40A of the Income Tax Act and its disallowance of expenses over ₹10,000 paid in cash.

Cash Payment Limits
Understanding Section 40A(3) of the Income Tax Act: Cash Payment Limit Explained

Learn about Section 40A(3) of the Income Tax Act, which restricts cash payments over ₹10,000 for business expenses.