U/s 40a (3)

This query is : Resolved 

18 April 2013 Sir,

If I am giving cash to SBI bank and take DD for Rs:30000/- and give to my Supplier.

Section 40A(3) disallow my Expenses.

Please reply me As soon as possible.

Thanks in advance.
Jobimon

18 April 2013 payment to bank is not disallowed.

18 April 2013 it is allowed as you didn't pay in cash. you paid in DD mode.
payment for DD or deposit is bank is not covered in 40A(3)




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries