Disaalowance


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2015 Salary advance paid 40000 in cash,
is it disallowed ??

21 August 2015 Yes it will b disallowed dear

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 August 2015 How sir, we don't give the effect to P&L account and we cannot show it as the expense that item will be reflected in the balance sheet.

28 August 2015 no advance is allowed as per 269ss and 269tt

secondly

if u had paid advance .. in future u wil adjust it with the salary na... then how u wil b able to overcome section 40 (A)3


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