Payment more than 20000/- in case of vegitable commission.

Pages : 1

BHARAT
A

[ Scorecard : 25]

Posted On 31 August 2011 at 14:33

can we make a payment more than Rs.20000/- in a single day in case of Fruit-Vegitable commission agent to suppliers???

Dheeraj
Learner

[ Scorecard : 1075]

Posted On 31 August 2011 at 14:40

Payment for one transaction in cash for more then Rs. 20,000 is not allowable as deduction i.e can not be made

TRILOCHAN
SENIOR ACCOUNTANT

[ Scorecard : 680]

Posted On 31 August 2011 at 16:30

Mr Dheeraj is correct.

BHARAT
A

[ Scorecard : 25]

Posted On 31 August 2011 at 17:33

Originally posted by : TRILOCHAN
	Mr Dheeraj is correct.

but specific in case of kacha arthi (commission agent) dear. i m not talking about simple trader bcoz it is realted with agricultirist.

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