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


Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details