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Capital asstes

This query is : Resolved 

MR.A cash Purchases a capital assets of scooter rs.95,000/- for the Asst.met year 2020-21. it is allowed for the tax audit report?


it shall be disallowed but if payment made in a day less than Rs. 10000 then it can be allowed as per income tax provision

thank to your . if applicable form the asst-year 2020-21? ARE 2021-22?

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