Applicability of cash expenditure in the case of Trust for AY 2018-19

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7 Points Posted on 03 February 2021
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
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On 03 February 2021 at 14:03 Report
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150 Points Posted on 04 February 2021
As per sec 40(A)(3) expenditure in cash in excess of 10000 in single day is not allowed.
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On 04 February 2021 at 22:58

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