43 (a)3

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Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2014 whether 23 (A) 3 applicable on expenses only, that is transferred to profit and loss account.

Nikhil Kaushik (Expert)
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14 September 2014 yes...only revenue expenses are covered...

Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2014 but sir capital exp. it is not disallow this section , Like purchase of capital assets.

Querist : Anonymous

Querist : Anonymous (Querist)

14 September 2014 but sir capital exp. it is not disallow this section , Like purchase of capital assets.

Nikhil Kaushik (Expert)
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14 September 2014 yes. capital expenses are not disallowed under this section...

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