CA Day celebration 2024 Easy Office
LCI Learning

40 (a) (3)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 January 2017 SUPPOUSE I AM A TRADER OF ORNAMENTS . I AM PURCHASING GOODS WORTH RS.300000 FROM A REGISTER DEALER . AND MAKE PAYMENT TO HIM IN CASH OF RS.19000 IN DIFFRENT DAYS AND SQUARE OF BILL OF RS.300000 . IS THIS ALSO WOULD BE DISALLOWED ?
Profile Image

VIPIN GUPTA

Profile Image

VIPIN GUPTA (Expert)
07 January 2017 Sec 40 (a) (3) talks of payment exceeding Rs 20000 /- in a day. Your expenditure will not be disallowed

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links