Payment exceed rs. 20000 in cash

Tax queries 1610 views 21 replies
Both the expenses are disallowed
Replies (21)
Both the expenses are disallowed

SIR, CAN YOU TELL ME THE REASONS

Can u explain the 6dd.

IN my opinion since the same will be revenue expenditure and hence disallowed.

 

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both are capital exps in nature and hence the question does not arise. However, one view is that depreciation is being claimed on the above exps, hence the rule applies.

Not covered in 6dd. Since payment is for trays and not agriculture products or poultry products
I have agree with the above clarification


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