Disallowance
This query is : Resolved
28 August 2008
An employee who paid by cash in excess of 20000/- against one single invoice, to any hotel as lodging expenses, and he gets the same reimbursed from his employer, will that expenses get disallowed under Sec 40(A)(3).
Please clarify more clearly.
Please clarify more clearly.
28 August 2008
if reimbursement is in excess on Rs. 20000 by one single voucher then this will hit sec. 40(A)(3) and if otherwise the it won't
28 August 2008
Okay Say If Employee Paid Cash In excess of 20000/- to the hotel but the company paid the employee in two instalments of less than 20000/-.
Then??
Then??
02 April 2012
The mode of payment has to be seen from the point of view of the company and not the employee.
If the company has reimbursed the amount through cheque, then the expense shall NOT be disallowed.
If the company has reimbursed the amount by cash, then the expense shall be disallowed.
If the company has reimbursed the amount through cheque, then the expense shall NOT be disallowed.
If the company has reimbursed the amount by cash, then the expense shall be disallowed.
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Itr 1 processing
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
