Sec 40
This query is : Resolved
14 April 2011
If i am making a monthly salary payment of approx 10000 rs in cash, will such expense be disallowed in entire or in part.
14 April 2011
Will not be disallowed as the payment is below Rs 20000/-. For details please refer Sec 40A(3) of the Income Tax Act, 1961
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Traces Portal
- U/s.234E late fee- balated filing the TDS returns
- Minor Aadhar card cancelled
- Capital Gain Incidents
- Form 121 of income tax
- Applicability of corporate governance provisions as per the SEBI LODR
- Minor - PPF Rules Doubt
- Unable to login
- Cheque bounce intimation letter
- RCM AND NORMAL TAX INVOICE
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
