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SEC 40A(3), Income Tax |
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SEC 40A(3) |
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Dear Sir/Madam, Please clarify the below Query u/s 40A(3) Mr. X purchased goods on credit on 01.08.2017 for ₹ 29,000. He makes payment of bills as follows:- On 02.08.2017 ₹ 10,000 On 03.08.2017 ₹ 9,000 On 04.08.2017 ₹ 10,000. He made all 3 bills through cash payment. Whether such an expenditure shall be allowed or disallowed u/s 40A(3)? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
In my view allowed. Page: 1 Old Query - New Comments are closed. |
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