Easy Office
LCI Learning

About Tax Audit

This query is : Resolved 

09 September 2016 can assets purchased more than 20 thousands in CASH allowed

09 September 2016 Dear Hemanth,

Capital asset is not covered under section 40A(3) and hence its allowed . Dont worry

Hope your query is resolved

Kindly like if my response has helped you



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query