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Payment more than 20000

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2015 one of the my client paid 38700 for diesel expenses in one particular day...whether this will be allowed as deduction or not??
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Sandeep Dharar

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Sandeep Dharar (Expert)
27 July 2015 If its paid for cash then its fully disallowed exp.
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Rajesh

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Rajesh (Expert)
27 July 2015 If Diesel bills are proper, expenses won't be disallowed. If not will be disallowed
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Sandeep Dharar

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Sandeep Dharar (Expert)
27 July 2015 Dear Rajesh, one time cash payment above 20K is disallowed, irrespective of evidences.

But if its capital expenditure then its fully allowed.
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Sandeep Dharar

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Sandeep Dharar (Expert)
27 July 2015 Dear Rajesh, one time cash payment above 20K is disallowed, irrespective of evidences.

But if its capital expenditure then its fully allowed.
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