Please Help: exps allowed / disallowed 40a
Posted Date : 03-Feb-2013 , 02:37:11 pm | Posted By deepak
If Mr. A Purchases the materials from Mr.B as on 10.01.2013 Rs.15000.00
12.01.2013 Rs.15000.00
and paid to Mr. B Rs.30000.00 in cash as on 15.01.2013. Is it disallowed U/s 40A(3).
12.01.2013 Rs.15000.00
and paid to Mr. B Rs.30000.00 in cash as on 15.01.2013. Is it disallowed U/s 40A(3).
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 82
Answers
Answer By: CA Gaurav Kumar Agarwal
No, this will not be disallowed
Comments
prakash bhandari
12-Feb-2013 , 11:29:57 amthis will be allowed