Payment made to expenditure above 20000
This query is : Resolved
22 September 2011
Sir,
I am transporter who own the more than 4 trucks, fuel is purchased from same fuel station, all vehicles on same day, which exceeds Rs20000/- in day if all the bills are clubbed. Even though i pay bill through my driver who acts as my agent in this case whether my expenses attract disallowance.
I am transporter who own the more than 4 trucks, fuel is purchased from same fuel station, all vehicles on same day, which exceeds Rs20000/- in day if all the bills are clubbed. Even though i pay bill through my driver who acts as my agent in this case whether my expenses attract disallowance.
CA Aditya Goel
(Expert)
29 October 2011
If you are paying to same party in cash above Rs. 20,000 in same voucher in a day its disallowable.
if your driver acts as your agent you can show it as amount reimbursed.
if your driver acts as your agent you can show it as amount reimbursed.
Dhirajlal Rambhia
(Expert)
03 August 2023
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