Expences paid in the mode of cash above rs 20000/-
This query is : Resolved
21 March 2009
Dear Member.
Expences paid in the mode of cash in an inevitable situation whether allowed or disallowed.
Pls Give Us Your opinion In the view of Income Tax Act
Expences paid in the mode of cash in an inevitable situation whether allowed or disallowed.
Pls Give Us Your opinion In the view of Income Tax Act
21 March 2009
DEFINATION OF INEVITABLE SITUATION BECOMES IMPORTANT TO DECIDE IT AS INEVITABLE.
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
21 March 2009
The Act has visualised few 'inevitable situations'. Unless you specify the circumstances under which you had no alternative except to resort to cash mode of payment, it would be difficult to give any firm view on your query
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