EASYOFFICE
EASYOFFICE
EASYOFFICE

Cash payment exceeds 20,000

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 January 2014 its apply only to revnue exp. but why not extend to capital exp. please give reason thanking you..
Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
11 January 2014 Section 40A(3) seeks to DISALLOW an expenditure which is ALREADY ALLOWED as deduction.

Since capital expenditure is NOT allowed at all as deduction, it cannot be disallowed again.

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links