Clause 21(d)A- Section 40A(3)

Clause 21(d)A-40A(3)
The system captures the details in the following steps:
What is it ? 

1. Where payment is made in the year the expenditure is incurred: 100% dis-allowance of payment if in excess of Rs. 10,000 and not by a/c payee cheque/draft/ECS. [Sec 40A(3)] There are following two conditions for the applicability of this section.  
2. If both of these two conditions are satisfied, then the provisions of this section will be applicable. 
(a) Condition 1. The assessee incurs any expenditure exceeding Rs.10,000/- which is allowable for computing income under the head business or profession. 
(b) Condition 2. The assessee has made payment or aggregate of payments in a day exceeding Rs.10,000/- in cash. If the above two conditions are satisfied, then whole of the expenditure shall be disallowed under this section. In case where payment is made to the transporters for plying, hiring or leasing goods carriages, then amount of Rs.10000/- shall be increased to Rs.35,000/ in the above two conditions.

1. Similar to the Clause21(d) B-40A(3A) which pertains to payments by creditors in excess of Rs. 10,000 , Section 43B pertains to any expense  that is paid in cash in excess of Rs. 10,000 
2. The user can navigate to the next screen and see the report with details of all ledgers that have been populated/ added as relevant to this clause.