About cash entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 July 2012
we made a cash entry of travelling expenses of rs.25000 in pvt ltd company.
so it is right or wrong and what should we do
so it is right or wrong and what should we do
25 July 2012
It depends:
If you are paying for petrol/ diesel against one combined bill of different dates where amount of per bill is less than Rs. 20K than allowed.
In other case- dis-allowed.
If you are paying for petrol/ diesel against one combined bill of different dates where amount of per bill is less than Rs. 20K than allowed.
In other case- dis-allowed.
25 July 2012
Single cash entry of Traveling expenses will attract sec.40A(3) of Incometax act. subject to rule 6DD. unless the provided voucher has consolidated small vouchers less than Rs.20000 or expenses consolidated as different dates
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2012
Respected Sir, Thanks a lot
thank u very much.
thank u very much.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- PAYMENT NOT SEND IN 180 DAYS
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
