Cash payment more than rs. 25000

This query is : Resolved 

20 November 2013 Company has made a payment towards court fees of more than Rs. 20,000/-. Is this allowed u/s 40(A)3 according to I.T. Act.

20 November 2013 it may get covered under Rule 6DD payments made to government. So may escape disallowance.

20 November 2013 No disallowance Under 6DD of the section 40A3...


22 November 2013 Will be disallowed under sec 40A(3).

24 November 2013 Payment to court doesnt mean payment to govt.... Bus reading first point og rule 6DD, you may include court in it... Will seems correct interpretation as per me...
Therefore you should allow it



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