A business if makes a payment of above 10000 in cash in a day, that transaction is termed as disallowed.
Does this mean that the business won't be able to take deduction on such expenses and will have to eventually pay more tax or does it mean that payment above 10000 in cash is simply restricted and should not be done at all?
CMNITY HIRE
New Delhi
Others
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SMJ global advisors pvt ltd
New Delhi
B.Com
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YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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CAclubindia
