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Sec 40(A)3

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Guest

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Guest (Querist)
27 May 2010 whether sce 40(A)3 applicable to capital expenditure if yes then idf dep will be disallowed ?
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CMA RV Padmakumar.A

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CMA RV Padmakumar.A (Expert)
27 May 2010 40 A (3) only for payments are in p/l or I&E a/c not for cap exp
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CMA RV Padmakumar.A

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CMA RV Padmakumar.A (Expert)
27 May 2010 Dep is not a cash flow....Ie it is allowed...
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