Payment exceed rs. 20000 in cash

Page no : 2

RAMAKRISHNAN R (INCOME TAX OFFICER) (1736 Points)
Replied 22 February 2014

Both the expenses are disallowed


CA SUKSHAM ARORA (CA) (569 Points)
Replied 22 February 2014

SIR, CAN YOU TELL ME THE REASONS


Rajender Jakkam (CA Practice ) (36 Points)
Replied 22 February 2014

Can u explain the 6dd.

SHASHANK AGARWAL (self employed) (114 Points)
Replied 22 February 2014

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

 

for more queries : https://knowyourtaxation.blogspot.in/


surya prakash (PROPRIETOR) (36 Points)
Replied 23 February 2014

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.




shruti sood (-) (21 Points)
Replied 23 February 2014

Not covered in 6dd. Since payment is for trays and not agriculture products or poultry products

Brajakishor (Audit Manager) (21 Points)
Replied 25 February 2014

I have agree with the above clarification


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