Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Section 40A(2) - Payment to specified persons not deductible under certain circumstances

Income Tax - Profit and Gains of Business or Profession - 59 - SEC - 40A(2): PAYMENTS TO SPECIFIED PERSONS NOT DEDUCTIBLE UNDER CERTAIN CIRCUMSTANCES Excessive or unreasonable payment made to specified person on account of any expenditure incurred ma .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

hall not be allowed as deduction. Provided that for an AY commencing on or before 1-4-2016 (inserted by FA, 2017, w.e.f. 1-4-2017) no disallowance, on account of any expenditure being excessive or unreasonable having regard to the fair market value, .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version