21 August 2014
Wether the following Expenditure are allowable under section 40A(3) :-
1) 25000 for Air ticket in Cash .
2) 26750 for electricty bill of torrent power paid in cash.
3) 34260 for telephone bill to reliance communication paid in cash.
4) 43903 for Telephone Exp to Bsnl
in cash.
please give ans. with reasoning.
CAclubindia
