Payment above 20000 in cash
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2015
Payment of professional tax above Rs. 20000 in
cash to municipal corporation whether it will be
disallowed or not u/s 40A(3)
cash to municipal corporation whether it will be
disallowed or not u/s 40A(3)
12 August 2015
Yes it will be disallowed. Municipal corporation is not covered under RULE 6DD
Message likes :
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Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2015
Thanks Deepti Asawa.
Can you give me link of rule 6DD where it is written, i.e. Not inclusion of Municipal corporation under such rule
Can you give me link of rule 6DD where it is written, i.e. Not inclusion of Municipal corporation under such rule
12 August 2015
http://www.taxvani.com/2013/05/disallowance-as-deduction-of-cash.html
Sorry its my mistake ... Muncipal corporation is a government body so it is allowed
Sorry its my mistake ... Muncipal corporation is a government body so it is allowed
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