Section 40(a)(3)

This query is : Resolved 

07 June 2013 If a company has advanced Rs.30,000 to employee through cheque and such employees has paid Rs.28,000 in cash to buy a US dollar for business trip.

company has booked expenses of such US dollar incurred during that business trip of Ra.28,000 on single date. whether Disallowance Us/ 40(a)(3) will be applicable.

if in above case if company bookes expenses by splitting expenses in two part on different date then what will be the case.

14 June 2013 In case employee itself paid for single expenses more than Rs. 20000 then dis allowance will apply, otherwise no


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