Forums
Direct Taxation
Does disallowance of expenditure applicable if payments exceed ₹10,000 and payment is through account payee cheque?
Rinuja TK
CA Inter
★ 10K+
28-Jun-24 17:57
96
Answers (2)
No
Jai Adithya
★ 14K+
28-Jun-24 19:47
Disallowance will apply only when payment is made by way of other than account payee cheque or draft.
Shiva Teja
Faculty
30-Jun-24 15:58