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?
Menu
Cash payments more than limit
Replies (4)
1. Depends if the trust is having certificate under sec. 80G to receive donations. Otherwise not.
2. Yes.
3. Yes.
Not sec 80G
wrong section.
right section is 12AA
wrong section.
right section is 12AA
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
Recent Threads
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
Related Threads
CAclubindia
