{"id":30761,"date":"2022-11-19T10:29:41","date_gmt":"2022-11-19T04:59:41","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=30761"},"modified":"2022-12-03T06:20:33","modified_gmt":"2022-12-03T00:50:33","slug":"allowability-of-expenditure","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/allowability-of-expenditure\/","title":{"rendered":"Allowability of expenditure"},"content":{"rendered":"<p>Assesee is LLp and engaged in the business of call center. For procuring\u00a0 business, assessee has paid Re. 5 lakh as commission after deduction TDs and claimed it as deduction as business\u00a0 expenditure. Assessee has given confirmation from the party along with PAN n paid the amount by account payee cheques.<\/p>\n<p>Ao issued summons U\/sec 131 to the Act, to the party, mail ID is block.<\/p>\n<p>Ao has issued show cause to the assessee asking as to why this expenditure should not be disallow as party has not filed copy of IT return of the recipient .<\/p>\n<p>Whether action of AO is correct .<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[23],"qa_tag":[76,749,224],"class_list":["post-30761","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-income-tax","qa_tag-business-expenditure","qa_tag-commission","qa_tag-summons"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/30761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=30761"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30761"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=30761"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=30761"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=30761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}