We are reimbursing conveyance in excess of Rs 20K by cash, whether this is disallowed, even if we r paying FBT on this. pl. clarify
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Deduction u/s 40A(3)
Replies (11)
Yes, Sec 40A(3) will be attracted and it will be disallowed.
it will be disallowed.
YES disallowed
It is as good as payment of Expenses. Hence entire amount disallowed.
it is disallowed
yes ...it will be disallowed.............either u are paying FBT on it......... because it is exps
yes, it will be disallowed
yes disallowed
| Originally posted by :rashmi shaw...soon to be CA | ||
| " | yes disallowed | " |
Yes it is disallowed
yes.. its disallowed mate..
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