Section 40a(3)
This query is : Resolved
15 October 2018
A revenue expense of 25000 is done in PY 17-18 out of which 7000 is immediately paid through e-banking..the balance is paid in next FY through e-banking..How much will be allowed or disallowed in both years? kindly answer in detail..along with reasons..
15 October 2018
2017-18 . No disallowance. Reason- incurred expenditure but in respect of which no
cash payment is made.
2018-19 No disallowance. Reason - Not incurred expenditure and no cash payment.
cash payment is made.
2018-19 No disallowance. Reason - Not incurred expenditure and no cash payment.
16 October 2018
thank you so much sir...it was really helpful
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