where the amount of an expenditure claimed as deduction exceeds Rs.10,000, it should be paid by ______

Name: where the amount of an expenditure claimed as deduction exceeds Rs.10,000, it should be paid by ______
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Question

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For expenditures exceeding Rs.10,000 to be claimed as deductions, they must be paid through an account payee cheque or draft according to tax laws to ensure traceability and compliance. Cash payments for such amounts do not qualify for deductions.

Where the Amount of an Expenditure Claimed as Deduction Exceeds