Section 40A(3)
This query is : Resolved
16 April 2010
in case if cash payment has been made for an amount exceeding 20000/- to the airport authority of india,then whether it will be allowed considering airport authority of india a government undertaking? Whether airport authority of india will be considered
as government undertaking?
as government undertaking?
16 April 2010
Payment to Government is excluded where as payment to government undertaking is not covered under the exclusion mentioned in rule 6DD.
Answer:- Payment to AAI will come under the purview of 40A(3).
Answer:- Payment to AAI will come under the purview of 40A(3).
16 April 2010
AGREE THE SAID EXPENSES WILL BE DISALLOWED.
16 April 2010
if it is custom duty then allow as per rule 6DD(b). but for other exp it is disallowed. only taxes are allowed for this rule
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