Paymnet to relative
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2014
WHETHER PAYMNET TO UNCLE FOR PURCHASE NEEDS TO BE DISCLOSED IN TAX AUDIT REPORT?
03 October 2014
Yes needs to be shown in tax audit report u/s 40A(2)(b)
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 October 2014
IN MY OPINION NO
IT IS COVERED UNDER DEFINATION OF REL;ATIVE GIVEN IN SECTION 56
UNDER SECTION 40A THE DEFINATION OF RELATIVE SHOULD BE AS DEFINED IN SECTION 2 (41)
IT IS COVERED UNDER DEFINATION OF REL;ATIVE GIVEN IN SECTION 56
UNDER SECTION 40A THE DEFINATION OF RELATIVE SHOULD BE AS DEFINED IN SECTION 2 (41)
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