Menu
disallowance
my client is paying rs 30000 pm as charges to accounting professional in cash in a single day... which sec of disallowance will apply in this case...sec 40( a)(ia) or 40 A(3)???
Replies (3)
sec 40 (a) (ia) dis allowed.. bcoz in this section it is clear mention ...
both sections as in 40(a)(ia) tds is not made and as per 40(A)(3) cash payment is exceeding the limit of 10000 per day
Disallowed in both sections....
40A(3) - In case cash payments exceeds 10,000 per day.
40(a)(is) - In case tds is not deducted
40A(3) - In case cash payments exceeds 10,000 per day.
40(a)(is) - In case tds is not deducted
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
