Cash payment limit to sub-contractor of transporter...

This query is : Resolved 
 

(Querist) 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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