Cash payment exceeding 20000
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2014
Revenue cash payments exceeding Rs.20000, by education trust, allowable under income tax
03 March 2014
Cash payments exceeding Rs. 20,000 will be disallowed u/s 40A(3).
It will be added to income.
However, since income is exempt u/s 11 or 12, there will be no impact.
It will be added to income.
However, since income is exempt u/s 11 or 12, there will be no impact.
03 March 2014
Cash payments exceeding Rs. 20,000 will be disallowed u/s 40A(3).
It will be added to income.
However, since income is exempt u/s 11 or 12, there will be no impact.
It will be added to income.
However, since income is exempt u/s 11 or 12, there will be no impact.
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