Are donations paid to trusts allowed as business expenses?
cash payments for rates and taxes more than 10k to government allowed?
cash payments for land Registration payment to government more than 10k allowed?
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 21 June 2023
1. Depends if the trust is having certificate under sec. 80G to receive donations. Otherwise not.
2. Yes.
3. Yes.
sabyasachi mukherjee
(27642 Points)
Replied 21 June 2023
Not sec 80G
wrong section.
right section is 12AA
wrong section.
right section is 12AA
see lee
(Student)
(102 Points)
Replied 23 June 2023
There is no exception when Payments for fixed assets purchase more than 10k when paid to government but for revenue expenses rule6DD is applicable
see lee
(Student)
(102 Points)
Replied 25 June 2023
If at the site expenses are paid by staff out of PhonePe single transaction around 1lac and the same given to him in cash from company,is it disallowance of 40A(3),there are no supporting bills
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