Menu
Applicability of cash expenditure in the case of Trust for AY 2018-19
whether cash expenditure was alowable in the case of Trust for AY 2018-19, if yes/no then which section of Income Tax Act 1961 is applicable
Replies (1)
As per sec 40(A)(3) expenditure in cash in excess of 10000 in single day is not allowed.
Recent Threads
- SPOM FOR CA FINAL
- Are AI tools like ChatGPT actually useful for CA w
- UK TAX (HMRC) HELP WITH INVESTIGATIONS, DISPUTES,
- Payment processor not transferring or refunding pa
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
Related Threads
CAclubindia
