nilesh gupta's Expert Profile

Queries Replied : 22

+ View Full Profile


About me

    What kinds of questions I can and can't answer?
    Tax deducted at sources, income tax planning,project, subsidiesed agri based industry(New Project).

    My area of expertise
    Taxation , Project financing, liosioning etc

    My experience in the area (years):
    8 years.

    Organizations I belong to:
    Nilesh Gupta & Co. , a sole proproetership CA firm.

    Publications or writing which has appeared :
    n.a.

    Educational credentials:
    CA

    Award & Honors:
    N.A.

  • sachin Patni says : Cash purchase above 20000/-
    My problem is still there that what about for the F.Y. 2007-08 For the purchase above 20,000/-. Actually reply my as per following cirucumstances:- Purchased material out of Local Area where we don't have any relation with the delaer b'coz of this we have to made cash purchase of material for above 20000/-. Tell me what about SECTION 40 A [3] OF THE INCOME TAX ACT-1961 RULE 6DD (J) The Above rule suggesgt That if we have not relation with the party OF Out side of Local Area, Party don't have Bank A/c , or Party deny to accept the D.D. in respect of Payment then in such circumstances we have wrights to make payment of cash purcahase above rs. 20000/-


Comment Please


  

Other CCI Experts


CA R SEETHARAMAN
Queries Replied : 42596


CMA Ramesh Krishnan
Queries Replied : 26053


Nikhil Kaushik
Queries Replied : 24294




CCI Pro

Follow us
add to google news

Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details