banner_ad

Payment above rs.20000/-

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 January 2015 if co. expense pyt more than Rs.20000/- to purch like stationary, computer parts etc...& pyt in cash because at flipcard.com only cash on delivery option available MY qwery is it is disallow or allow as per income tax...?
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
30 January 2015 Hi

If there is separate invoice for each time whose value is less than 20K then no dis-allowance else it will be disallowed.

Thanks!!
@VaibhavJ
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
31 January 2015 yes it you but the goods above rs. 20000/- not the capital expenditure then its will be disallowed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details