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 ₹ 10,000, it should be paid by:
A. Crossed cheque/draft
B. Account payee cheque/account pay-ee draft ECS or through such other electronic mode as may be prescribed
C. Account payee cheque
D. Any mode other than cash
Answer:B
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 ₹ 10,000, it should be paid by:
A. Crossed cheque/draft B. Account payee cheque/account pay-ee draft ECS or through such other electronic mode as may be prescribed C. Account payee cheque D. Any mode other than cash