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40(A)(3) in income tax

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Student
844 Points Posted on 09 September 2020
For example building tax amount is transferred to another person bank Rs.30000, that person paid that amount, in the assesse books Rs.30000 is dissallowed or not? Please reply urgent
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On 09 September 2020 at 11:20 Report
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Practice
4510 Points Posted on 09 September 2020

If this expenses related to Business than allowed

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On 09 September 2020 at 11:46
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Student
844 Points Posted on 09 September 2020
@ Ravi SADhiyan is any dissallowance under section 40(A)(3)?
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On 09 September 2020 at 13:20
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67 Points Posted on 16 September 2020

has the assessee used another person bank account for making the payment than acc to substance over form , it will be allowed

 

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On 16 September 2020 at 20:35


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