Are donations paid to trusts allowed as business expenses?
cash payments for rates and taxes more than 10k to government allowed?
cash payments for land Registration payment to government more than 10k allowed?
Are donations paid to trusts allowed as business expenses?
cash payments for rates and taxes more than 10k to government allowed?
cash payments for land Registration payment to government more than 10k allowed?
1. Depends if the trust is having certificate under sec. 80G to receive donations. Otherwise not.
2. Yes.
3. Yes.
There is no exception when Payments for fixed assets purchase more than 10k when paid to government but for revenue expenses rule6DD is applicable
If at the site expenses are paid by staff out of PhonePe single transaction around 1lac and the same given to him in cash from company,is it disallowance of 40A(3),there are no supporting bills
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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