Income tax on cash spending: These expenses will be considered as income and accordingly taxed if incurred in cash

Pay income tax on cash spends: ​If any liability towards unpaid expenditure is incurred by a person in a year and paid by such person in any subsequent year, any payment (or aggregate of payments) thereof exceeding Rs 10,000 in cash will be deemed to be the Profits and Gains of business or profession chargeable to income-tax as income of such subsequent year.

from Tax-Wealth-Economic Times https://ift.tt/RXrCwsF