Latest Provision of Section 40 A(3)
This query is : Resolved
21 August 2009
Sir,
I would like to know the latest provisions of section 40A(3)rule6DD and i also want to know that there is any limit of disallowance of revenue expenses say Rs.50,000, please reply me immediately
with best regards
Pardeep Tyagi
I would like to know the latest provisions of section 40A(3)rule6DD and i also want to know that there is any limit of disallowance of revenue expenses say Rs.50,000, please reply me immediately
with best regards
Pardeep Tyagi
21 August 2009
revenue expenses over Rs. 20,000/- PAID TO A SINGLE PARTY IN A DAY will be dissallowed henceforth. If Rs. 50,000/- is paid in cash and the expenses is debited to revenue account then the same will be dissallowed.
21 August 2009
revenue expenses over Rs. 20,000/- PAID TO A SINGLE PARTY IN A DAY will be dissallowed henceforth. If Rs. 50,000/- is paid in cash and the expenses is debited to revenue account then the same will be dissallowed.
21 August 2009
ratan can you tell me from when it will be applicable
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