Accounts

This query is : Resolved 

13 March 2015 1 year rent was paid in cash instead of bank payment so how to reflect it in accounts? the payment is more than 20000 so will it be disallowed? also the agreement was expired in june and was renewed from august but the landlord allowed us to use it for 1 month

13 March 2015 then book rent a/d.....
to cash a/c

yes under income tax act it will be disallowed.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query