20 September 2008
hello, good evening, please guide me in the following case Case: " i have a firm exporting goods outside and also local business. i use to transfer my goods through a transport company who sends me the invoices in which some exp are reimbursement. i pay accordingly. now i have not deducted tax at all on such any payment.and there are some exp payable in his name also. IN THIS CASE WHETHER MY EXP WILL BE DISALLOWERD U/S 40(a)(ia).??? IS THERE ANY OTHER WAY FOR THIS?? WHAT SHOULD BE THE TREATMENT???
CAclubindia
