Sec 40a(3)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 August 2017
Dear Experts.
Pls tell me weather limit of 10000 per is applicable even in case of purchase or not?
THANKS
KARAN GUPTA
Pls tell me weather limit of 10000 per is applicable even in case of purchase or not?
THANKS
KARAN GUPTA
15 August 2017
It is very much applicable for purchases also
15 August 2017
Yes it is applicable on purchase only....
15 August 2017
Section 40A(3) is applicable not only to purchases but also to all expenses except Capital expenditures.
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