Please Help: audit
Posted Date : 23-Jan-2013 , 04:42:15 pm | Posted By: Arya Pal
Category :
Audit | Answers :
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Comments :
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whether sec 40 a iii will apply if cash payment more than Rs.20000 has been made to delhi police as security charges for payment of security gunner hed by company. |
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Answers:
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 Answer by: CA Satuti Mahajan |
| yes
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| Comments |
| Posted By : Naga Rakesh |
25-Jan-2013, 11:08:30 |
| no deduction avaliable to you because rule 6DD WAS NOT APPLICABLE IN THIS CASE |
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| Posted By : Subodh Agarwal |
25-Jan-2013, 02:04:02 |
| no deduction of expenditure can be claimed by the assessee in this regards because , payment made is more than Rs.20000 in single day.
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| Posted By : Riyaz Ahmad |
24-Jan-2013, 12:35:37 |
| Section 40A(3) will be apply since It is not given in the exception of rule 6DD . Hance payment made in-excess of Rs. 20000 not allowed as Expenditure. |
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| Posted By : Pratik |
23-Jan-2013, 09:29:55 |
| no not applicable as it is exempt under rule 6d |
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