Hello
if payment is made rs 10,000/- in f.y.2017-18
then it will disallowed or not(40A(3))
Menu
section 40A(3)
Replies (5)
40A(3) is applicable from 01.04.2017 so any expense in cash above 10k will be disallowed expense.
Better break expenses.
okay Ruchika Madam
but if cash paid is 10000/-
then?
but if cash paid is 10000/-
then?
Above 10k is not allowed
So if its exact 10k then its allowed
okay thanks...
and what about cash paid to worker above 10k
and what about cash paid to worker above 10k
any expenses more than 10k is disallowed
Recent Threads
- GSTR-9 filling
- Intraday trading under presumptive
- Itc04 rorm date error
- Acknowledgment No. and date to be mentioned in rev
- Interest On Enhanced Compensation u/s 28 of Land a
- Wrong Place of supply mentioned by supplier on inv
- Itr for presumptive taxation and foreign asset
- BOE not reflacting on IDPMS
- TDS On Property - Income Tax Notice
- High Value Transaction - FY 24-25
Related Threads
CAclubindia
