Allowbility of cash
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 April 2015
Dear all
can i pay RS. 90000 cash for purchasing fixed assets...
please reply soon
can i pay RS. 90000 cash for purchasing fixed assets...
please reply soon
08 April 2015
Sec. 40A(3) dis-allowance shall not applicable to the capital goods. So you can purchase against cash
08 April 2015
Yes you can purchase Capital asset by paying cash.
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