section 40A(3)
This query is : Resolved
16 July 2011
Hi
I am doing doing audit of charitable society . In this regard I would like to know whether expenditure in cash exceeding Rs.20000 will be disallowed or not AND if not then is there any other penal provision for the same.
I am doing doing audit of charitable society . In this regard I would like to know whether expenditure in cash exceeding Rs.20000 will be disallowed or not AND if not then is there any other penal provision for the same.
16 July 2011
Yes, Exp will be disallowed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Regarding Appointment of auditor in case of casual vacancy
- GST- DRC 03 RCM Liability
- RCM on GTA Services
- REVENUE RECOGNITION AS PER IND AS 115
- Validity of form 15 G and 15 H on Interest on fixed deposit
- Conversion of Proprietorship Firm to Partnership Firm
- GST 9- Table 8
- Query on managerial remuneration u/s 197 of CA 2013
- Supply to unit situated in SEZ
- Temporary GST registration
- Acting as an Agent
- Rent Agreement of new company
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
Trending Online Classes
CAclubindia
