Easy Office
Easy Office

payment through credit card

This query is : Resolved 
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(Querist)
01 February 2011 Director of the company pays some advertisement expenses through his personal Credit Card. The Company reimbursed later.
is there any disallowance u/s 40a3
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
01 February 2011 No disallowance so long it is justified as a business expenditure..

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