Where the payment of an expenditure claimed as deduction by any assessee carrying on business or profession other than who is in transport business exceeds ₹ 20,000, it should be paid by:
CS Executive · Tax Laws and Practice · PYQS · June 2017
Where the payment of an expenditure claimed as deduction by any assessee carrying on business or profession other than who is in transport business exceeds ₹ 20,000, it should be paid by:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Income Tax
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