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transport payment to relatives

Krishna Verma (24 Points)

05 April 2019

is transport payment to relatives allowable for deduction or expenditure .

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Giridhar S Karandikar (Team Lead) (7543 Points)
Replied 05 April 2019

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

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Krishna Verma (24 Points)
Replied 05 April 2019

Yes sir. How to assess payment made is excessive.

Krishna Verma (24 Points)
Replied 05 April 2019

Okay sir

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