Menu
Debate in sec 40(2a)
sec 40(2a) of income tax act 1961 disallow expenditure above 20000 made in cash but law states any expenditure means if 4 different bill amounting to rs 18000,19000,17000,16000 can be paid on the single day to the same person
Replies (1)
Above payments would be disallowed..
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
