i paid advance tax in cash 180000 how can i make its entry or can i pay it in cash it is not wrong
2 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 16 March 2020
query not clear , elaborate more
ADITYA SINHAL
(Tax consultant)
(41 Points)
Replied 17 March 2020
Tax isn't a revenue expense, so it isn't a problem if you are concerned about sec 40A of I.T. act
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