21 August 2009
Sir, I would like to know the latest provisions of section 40A(3)rule6DD and i also want to know that there is any limit of disallowance of revenue expenses say Rs.50,000, please reply me immediately
21 August 2009
revenue expenses over Rs. 20,000/- PAID TO A SINGLE PARTY IN A DAY will be dissallowed henceforth. If Rs. 50,000/- is paid in cash and the expenses is debited to revenue account then the same will be dissallowed.
21 August 2009
revenue expenses over Rs. 20,000/- PAID TO A SINGLE PARTY IN A DAY will be dissallowed henceforth. If Rs. 50,000/- is paid in cash and the expenses is debited to revenue account then the same will be dissallowed.
CAclubindia
