Menu
Unrequired bills expenditure
Respected Forum, What are the expenditures that does not require supporting bills and also what is the limit for each expenditure in an accounting year
Replies (2)
MAX LMIT IS RS 50.00 OF ANY INDIRECT EXEPSNES FOR EACH ENTRY
Sir, Thank you very much for your reply, but I want to know is there any specified limit amount for a particular expenditure, for example, repairs and maintenance permitted limit to expedite in particular accounting year is say 5 lakhs,failing wihch the difference amount excess paid will be added back to income, like similar scenarios.
Recent Threads
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
Related Threads
CAclubindia
