alleryStart learning →For goods carriage payments, the section 40A(3) cash limit is raised to what?
ARs 50,000
BRs 35,000
CRs 75,000
DRs 20,000
Answer & Solution
Correct answer: B. Rs 35,000
The second proviso to section 40A(3A) substitutes thirty-five thousand rupees for payments on plying, hiring or leasing goods carriages.
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