What is the Meaning of Legal Tender Used in Rule 6DD?

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Rule 6DD of the Income Tax Rule prescribes situation and circumstances under which payments of any expenditure in excess of Rs 20000 , even if done in ¬†cash shall be allowable expenditure and section 40A(3A) of the Income Tax Act which ¬†disallows such payments in cash shall not be applicable. Clause (b) of Rule 6DD…

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