banner_ad

3CD , SECTION 40A 2 (b)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 June 2010 HELLO ALL

I HAVE QUERY REGARDING SECTION 40A 2 (b) IN 3CD. IF A PERSON SALE OR PURCHASE TO HIS RELATIVE THEN IS IT NECCESSARY TO SHOW SALE OR PURCHASE FIGURE IN 3CD ?
Profile Image

deepak K Gujrati

Profile Image

deepak K Gujrati (Expert)
17 June 2010 As the provision deals with expenditure where payment is to be made, only purchases made during the year from relative is to be disclosed.
Profile Image

ashwani agrawal

Profile Image

ashwani agrawal (Querist)
17 June 2010 CAN WE SAY THAT PURCHASE IS A EXPANDITURE BECAUSE I DONT THINK THAT PURCHASE IS EXPENADITUE AS PROVISION OF TDS IS NOT APPLICABLE ON PURCHASE.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
17 June 2010 Only purchase of goods should be disclosed not sales
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
17 June 2010 AGREED WITH EXPERTS.
PURCHASE IS ALSO EXPENDITURE EVENIF TDS IS NOT ATTRACTED ON IT.
THERE ARE MANY EXPENSE ON WHICH TDS IS NOT APPLICBALE, ALL OF THESE EXPENDITURE.
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
17 June 2010 AGREE WITH EXPERTS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details