FIXED ASSETS PURCHASED
This query is : Resolved
11 July 2009
DEAR SIR/MADAM
AN ASSESSEE PURCHASED FIXED ASSET PAID BY MORE THAN RS. 20000 CASH PAYMENT I.E. A.C., FURNITURE, CAR, ETC. ITS IS ALLOWABLE EXPENDITURE OR NOT IF IT IS NOT PLEASE TELL UNDER WHICH SECTIONS IS APPLICABLE TO DEDUTED
THANKS IN ADVANCE
AN ASSESSEE PURCHASED FIXED ASSET PAID BY MORE THAN RS. 20000 CASH PAYMENT I.E. A.C., FURNITURE, CAR, ETC. ITS IS ALLOWABLE EXPENDITURE OR NOT IF IT IS NOT PLEASE TELL UNDER WHICH SECTIONS IS APPLICABLE TO DEDUTED
THANKS IN ADVANCE
CA Nitin Wadhwani
(Expert)
11 July 2009
The payment will not be disallowed.
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