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Cash payment limit to sub-contractor of transporter... (Income Tax)

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This query is : Resolved


( Author )
09 June 2012

CASH PAYMENT LIMIT TO SUB-CONTRACTOR OF TRANSPORTER....20,000 OR 35,000....

WITH SEC & SUB-SECTION......IF ANY CHANGE ABOVE RS.20,000.....DATE OF EFFECT FROM...

LOOK4U@REDIFFMAIL.COM


CA G. SURYANARAYANAN

( Expert )
09 June 2012

Cash payment limit u/s 40(A3) is only Rs.20000/- per day towards payment of any expenditure.


C.A Anshul Singhal

( Expert )
09 June 2012

Rs 20000 Per Expenditure In a Particular Day


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