Is Section 40A (3) which disallows expenses paid in cash in excess of Rs.20,000 applicable to a charitable institution?
Its applicable only to a assessee having business income naaa??????
Menu
Section 40A(3)
Replies (2)
in case of non business, where he would set off such expenses, and if not used to set off then what differs if not allowed?
Agreed with Mr.Sharma
Recent Topics :
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
Related Topics :
CAclubindia
