1. Section 269SS, 269T, 269ST applicable to all transactions i.e business as well as non business 2. Section 40A(3) applicable only for business transaction.
@ Mr. Davender Kumar There is no tax implications in hands of Employee, because it's not a income of Employee. You have taken Money advance as imprest and that using it for Company business purposes, if there is any balance in your hand than also it's considered as balance with Company only, not you.
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