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Cash in excess of rs.20,000/-

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(Querist)
21 September 2014 Dear sir. can we make the statutory payments in excess of Rs.20,000/- Regards,
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Adv. Rajesh Chhangani

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Adv. Rajesh Chhangani (Expert)
21 September 2014 I think you have to ask whether the statutory payments above Rs 20000/- are allowed in cash?

then, the answer is yes (refer rule 6DD of Income tax rules)

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