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FIXED ASSETS PURCHASED

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(Querist)
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
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
11 July 2009 The payment will not be disallowed.

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