Cash payment for purchase of goods
This query is : Resolved
27 August 2008
I am a dealer selling spare parts,
If i purchase spare parts by paying cash above 20000 ,will it be added back to my income??
If i purchase spare parts by paying cash above 20000 ,will it be added back to my income??
27 August 2008
Amount spent on purchases will be disallowed u/s 40A(3)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital Gain on Sale of Private company's shares
- TDS ON RENT FOR THE F.Y. 2025-2026
- FORMATION OF LLP AND DOCUMENTS REQUIRED
- LTCG on property sale with more than 1 property
- REGARDING STATUTORY AUDIT of a private company
- ENTRY OF CIVIL MATERIAL AT TIME OF RENOVATE THE FACTORY BUILDING
- ITR revision intimation recd.
- How to file ITR for AY 2024-25
- Tax liability after the GSTIN cancelled.
- Rent received from builder for Redevelopment of flat
- Itc on computer
- ITC REVERSAL IN GSTR 9 OF FY 24-25
- GSTR 9 & 9c turnover reconciliation
- Capital goods Cross charges
- GST ASMT - 13
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
All Subjects Combo (Regular Batch) Jan & May 26
CA Hardik Manchanda,CS Arjun Chhabra & Prof. Akash Agrawal
CAclubindia
