Sec40 (a)3
This query is : Resolved
30 October 2014
if a person gives salary to his employee Rs. 15000pm in cash and salary of six month is not paid. it is appearing as liability in assesee balance sheet on the year end. can he make payment of outstanding salary not exceeding limit specified in sec 40 (A)3 each day
Nikhil Kaushik
(Expert)
07 November 2014
if paid in lumpsum amount, it would still be disallowed...
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