Provisions u/s 40a(3) whether applicable for personal exp.
This query is : Resolved
11 April 2018
Suppose an individual purchased Television set at home for personal use and made payment of Rs. 45000/- in cash Whether the provisions of section 40A(3)are applicable for such personal household expenses. Kindly advise.
11 April 2018
sectio 28 to 44 are for business income/expenses only. Not applicable to personal expenses.
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