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sec 40A(3)
Is any company paying in excess of 10000 to single person in a single day against various bill is allowed or not
Replies (8)
No... Not allowed.
"Expenditure in respect of which a Payment or AGGREGATE OF PAYMENTS"...
Where is noted "PARTICULAR EXPENDITURE OR BILL"...
**Also noted "MADE TO A PERSON IN DAY",
**Also noted "MADE TO A PERSON IN DAY",
Is in excess of 10000 is allowed against the various bill
What is intention of that section only to billed various bill to allowed deduction in that section
If the intention of the various bill is for same purpose, and payment is made above 10000 then it should be disallowed as per advice
What's your views
To A Person in a day above 10k is not allowed if it's one bill or Two Bills or Ten Thousand Bills....
The payment is restricted as per section Rs 10k to a person in A Day...
allowed since expenditure and payment must be more than 10000 .
Ohh.... Where is it allowed Mr Kapil Singh...
Can You give details pls
Can You give details pls
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