Sec 40(a)3
This query is : Resolved
29 April 2013
Elecricity board bill of Rs.34,000/- paid in two cash vouchers on the same day..15,000/- and 19,000/-...Is it disallowed? Will Rule 6DD gives exemption for this? If so plz explain what is legal tender
29 April 2013
Nature of Expenses required to confirm.
If it is capital in nature than it is legally allowed under Rule 6DD.
If not so but it is paid to any authorised government body for legal aspect and its receipt is available than also it is legally permitted and no dis allowance is required to be made under Section 40(A3)
If it is capital in nature than it is legally allowed under Rule 6DD.
If not so but it is paid to any authorised government body for legal aspect and its receipt is available than also it is legally permitted and no dis allowance is required to be made under Section 40(A3)
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30 April 2013
Dear expert,
the term 'legal aspect' u mentioned is little vague for me.Paying electricity bill is a kind of revenue expense. Plz help me in resolving my doubt.
the term 'legal aspect' u mentioned is little vague for me.Paying electricity bill is a kind of revenue expense. Plz help me in resolving my doubt.
30 April 2013
That legal aspect stand for any expenses required to be incurred in compulsion because of the requirement of any statue and which can not be avoided
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