Dis allowance u/s 40a(3) payment made > 20000
This query is : Resolved
27 August 2014
My question is that
if partners of the firm discharge liability of the firm from their own bank account or through cash ... and firm made "cash payment" to the partners ... only because of discharging liability on behalf of firm .
In that case section 40A(3) attract or not ?????
if partners of the firm discharge liability of the firm from their own bank account or through cash ... and firm made "cash payment" to the partners ... only because of discharging liability on behalf of firm .
In that case section 40A(3) attract or not ?????
27 August 2014
if you make payment to any state and central act then its nor required to report for payment exceeds over rs. 20000/-
27 August 2014
Rupesh ji
if payment is made to other persona ??
if payment is made to other persona ??
28 August 2014
Sec.40A(3) apply this case since payment to partners as cash
29 August 2014
then disallowed will be applicable.
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