ABC Ltd is a company providing transport services(Packers&Movers) loading goods at one place and unloading at another place.During the trip drivers may incur expenditure like diesel, Toll Tax, R.T.O exp and other misc for which company provide advances.If ABC Ltd company given advance to driver inexcess of 20,000/-(for example say 36,000/-) on a single day for his on route expenditure (considering A.Y 2016-17) in cash and driver may or may not incur the whole expenditure in a single day. Is advance given by company attracts Sec 40a(3) disallowance ????

Thankyou.

To Clear IPCC Grp-2 is only Practice Manual and RTP is sufficient ?

Sir I am a bit confused about presentation of answer in Financial Reporting and SFM
Is it OK to write working notes first and then main solution after working notes? OR should I leave space for main solution and write working notes after that and then do the solution at place I left at starting. I find the former one more comfortable.
Thanks

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Sir,
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Dear Expert,
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Plse do urgently reply