sec 44ab audit file i.t. return assess new construction for commerical building strated in f.y.20-21
1.Some construction expenses Rs:5 lacs payment through on cash mode paid (rs:10,000/- above limit per day)
2. Some construction expenses Rs:15 lacs payment through on bank mode paid.
Questions:
1.Assess construction expenses value in books rs:15 lacs or Rs:20 lacs show in books and balance sheet.
2.Construction expenses cash mode pay vaule depreciation claimed allowed in i.t.act.
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