Hi,

Suppose I have an invoice of Rs.80,000. I have paid it as

Day 1 - 18,000
Day 2 - 18,000
Day 3 - 18,000
Day 4 - 18,000
Day 5 - 8,000

Will it be disallowed under section 40A(3).
Can anyone give me any relevant case law for the same.

Thanks in advance.

Dear Experts,
please tell me some company are opening various bank accounts,
kya iska koi benifits hai ya ni.

sir/mam,i am going to write cpt for dec. and want to know are there any additional books relating to law which i can refer because i am not able to answer practical questions!!!! please suggest some book which according to u are good

Dear experts

please tell me

1. minimum Authorized capital to incorporate Pvt co and Public co.

2. minimum paid up capital to incorporate Pvt co and Public co.


can we have Authorized capital Rs 1 lac and paid up capital Rs. 85k in case of Pvt co incorporation.

Dear All,
We are software company, who purchase software from outside India (by online download only). I want to know, what is exact date from which reverse charge mechanism is applicable. As we know same is applicable on invoices raised on or after 01-07-2012 ONLY.

Can you please confirm. Our online import has started before 01-07-2012 so do we need to pay tax for earlier period or not. Any concern notification or case history is appreciated.

thank you
patil vaibhav

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