Cash payments
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2013
Sir kindly advise if we have paid 2 lacs to the govt with challan for some land tax charges can we book this expense in our books or will it be in admissible since cash more than 20000 pls advise
20 August 2013
Government tax payment comes under exception under rule 6DD. sec.40A(3) will not apply.
Message likes :
1 times
20 August 2013
Yes it will not attract sec 40A(3).
Message likes :
1 times
22 August 2013
not attract sec 40a(3)
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