If a car is purchased with temprarory registration and after one month its registeration is made in cash which is more then Rs. 20000/-& there is no receipt for the same. Than it will be allowed & can be added in the value of the car?
28 September 2010
The provision of section 40 A(3) shall not apply in respect of expenditure for which no deduction is claimed. Example capital expenditure.
sir i have some problem in doing prepration for my CA PCE examination,Actually whatever i m reading,i feel that everything is washed up & i have concentration problem also. can u help me.pls provide me ur email id,if u can.
CAclubindia
