Expenses
This query is : Resolved
24 January 2012
Dear Sir
What is the procedure for cash expenses.
Suppose that we purchase silver & gold coin of Rs.2,25,000/-cash. Then we can take this bill in A/c as cash sales promotion expenses.
Regards
Pradeep
What is the procedure for cash expenses.
Suppose that we purchase silver & gold coin of Rs.2,25,000/-cash. Then we can take this bill in A/c as cash sales promotion expenses.
Regards
Pradeep
24 January 2012
no you can not as cash expenses greater then 20,000 are not allowed in income tax.
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