Section 6dd
This query is : Resolved
21 November 2014
Payment made to Central Warehousing Corporation above 20000 in cash, whether it is an allowable expense or whether it should be disallowed ?? And whether TDS has to be deducted on such sum ??
Amol S Joglekar
(Expert)
21 November 2014
01 As far as my knowledge goes, it is Rule 6dd and NOT section 6dd. Please try to be specific.
02. It should NOT be disallowed
The popular interpretation of the word GOVT as used in 6DD (b)has a vast scope to be imported into as per the decided case laws.
02. It should NOT be disallowed
The popular interpretation of the word GOVT as used in 6DD (b)has a vast scope to be imported into as per the decided case laws.
Message likes :
1 times
Rupesh Jain
(Expert)
22 November 2014
its not applicable on govt owned corporation
Amol S Joglekar
(Expert)
22 November 2014
No TDS be made in this case.
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
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
