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transport payment to relatives
is transport payment to relatives allowable for deduction or expenditure .
Replies (3)
what type of transpo rt payment is this. is this related to business
provisions of 40(A)(2)(b) wud get attracted if the AO finds that the payment made is excessive considering the market conditions
provisions of 40(A)(2)(b) wud get attracted if the AO finds that the payment made is excessive considering the market conditions
Yes sir. How to assess payment made is excessive.
Okay sir
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