40a(3)
This query is : Open
18 June 2014
whether sec.40A(3) apply on trust & charitable institution ?
18 June 2014
Yes It is applicable .Exemption to rule 40A(3)given only in rule 6 DD. \
There is no specific exemption for Trust/Charitable Institutions.
There is no specific exemption for Trust/Charitable Institutions.
18 June 2014
yes, all section for tds/limit of payment are applicable to all assesse.
21 June 2014
cash payment in excess of 20000 may be made by trust ?
21 June 2014
because trust have no business activity.
whether BUSINESS HEAD for EXPENSE point of view not apply?
whether BUSINESS HEAD for EXPENSE point of view not apply?
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