Cash paid around 150000 to one person
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 January 2013
we had conference in Assam side where we had paid Rs. 1,50,000/- for hotel charges because we don't have any signed cheque.
Then my question is that is there any problem in income tax or not.
Then my question is that is there any problem in income tax or not.
CMA Ramesh Krishnan
(Expert)
25 January 2013
That particular expenses will be disallowed under section 40A(3)
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