Section 40(a) 3
This query is : Resolved
Abhay Thacker
(Querist)
21 August 2012
Three employees are going outside of the town for office work.
The total expenses for Resident & Food, made by them is amounting Rs. 7000 each, i.e. Rs. 21000 paid in cash by them on the same day and to the same party having a single bill. The company reimburse the same expense to their employees in cash.
Now, can compny claim deduction u/s 40(A) 3 ?
The total expenses for Resident & Food, made by them is amounting Rs. 7000 each, i.e. Rs. 21000 paid in cash by them on the same day and to the same party having a single bill. The company reimburse the same expense to their employees in cash.
Now, can compny claim deduction u/s 40(A) 3 ?
Dintakurthi Tirumala
(Expert)
21 August 2012
In your case no disallowance of section 40A(3).
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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