Poonawalla fincorps
Poonawalla fincorps

40a(3) transactions

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2015 Salary Advance Paid To Employee In Excess Of Rs.20000 Is It Allowed 40A(3) Transaction
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
18 September 2015 salary advance is not an expense... so it would not attract 40 (A)3.. but it will attract sec 269SS and 269TT
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Amol S Joglekar

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Amol S Joglekar (Expert)
18 September 2015 40A reads expenses/payments.
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