is this provision applicable in case of foreign branch expenses ?
Payment made - 5000 AED
3 Replies
Pradhyumn Wangujar
(12 Points)
Replied 20 November 2018
provision is applicable but u can take dedution of rs 5000 because disallowance is above the 10000 and in case of GTA i.e 35000.
abhishek vasandani
(Industrial trainee)
(31 Points)
Replied 20 November 2018
The amount of payment made in cash is 5000 AED = 90,000 Rupees
Nitesh bind
(Student CA Final )
(12692 Points)
Replied 20 November 2018
Your expenses would be Disallowed.
But I'm still wondering how are you going to send Cash to your foreign branch because there are many restriction on currency conversion etc. !
But as far as law is concerned it will be Disallowed.
But I'm still wondering how are you going to send Cash to your foreign branch because there are many restriction on currency conversion etc. !
But as far as law is concerned it will be Disallowed.
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