Dear Friends
one of my client has paid Rs. 25000 on account of electricity bill to DHBVNL. Should i disallow the same u/s 40 (A) (3).
Please Suggest
Thanks
Shivish Verma (C A) (376 Points)
11 September 2012Dear Friends
one of my client has paid Rs. 25000 on account of electricity bill to DHBVNL. Should i disallow the same u/s 40 (A) (3).
Please Suggest
Thanks
CA VIPUL PATIL
(CA IN SERVICE)
(61 Points)
Replied 11 September 2012
if DHBVNL is govt entity then need not to disallowed Rule 6DD(b)
Read more: https://www.simpletaxindia.net/2009/12/payment-exceeding-20000-40a3-exceptions.html#ixzz269pmjoeJ
else u have to disallowed the same U/s 40 A (3) since the amount exceed 20000 at a time in cash