Cash paid above 20000

This query is : Resolved 

30 October 2013

can a company paid workman compensation of Rs 500000/- in cash????

Please reply as soon as possible

Email id

CMA Ramesh Krishnan (Expert)
02 November 2013

No. Cash payment more then Rs.20000 will attract u/s.40A(3)

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
Download GST App    |    x