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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A (3) - reimbursement of expenses to employee ...

Case Laws     Income Tax

April 24, 2019

Disallowance u/s 40A (3) - reimbursement of expenses to employee - exception of rule 6DD - for purpose of disallowance u/s 40 A (3) both expenditure and payment should exceed INR 20,000/- - in case of reimbursement of tour bills to various staff each expenditure does not exceed above limit - no disallowance called for

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