section 40(A) (3)
This query is : Resolved
23 July 2010
Since payment of expenses >20,000/- as covered by sec. 40(A)(3).
NOW PLEASE TELL ME WHETHER PAYMENT OF >20,000/- BY "CREDIT CARD/ DEBIT CARD"
IS ALSO COVERED BY THE SECTION
or SOME EXCEPTION HAVE BEEN MADE.
NOW PLEASE TELL ME WHETHER PAYMENT OF >20,000/- BY "CREDIT CARD/ DEBIT CARD"
IS ALSO COVERED BY THE SECTION
or SOME EXCEPTION HAVE BEEN MADE.
23 July 2010
more than 20000 paid by cash are disallowed but if payment made by credit card is not covered by this section.
Ref. Exceptions of sec. 40 (A) (3).
Ref. Exceptions of sec. 40 (A) (3).
23 July 2010
in case of tranporter you can pay up to 35000/=
payment made by credit card is not covered by this section.
payment made by credit card is not covered by this section.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
