can anybody tell me that cash payment of salary in excess of Rs 20000 to employees of the COMPANY, is exception to rule 6DD wrt sec 40A(3)?
can anybody tell me that cash payment of salary in excess of Rs 20000 to employees of the COMPANY, is exception to rule 6DD wrt sec 40A(3)?
No, Salary is an expense and it is covered under 40A(3)
Yes disallowed and 100%
hello,
the above salary shall be dissallowed becouse cash payment in excsss of rs. 20000/- shall not be allowed to any one.
T R SOOD & CO
New Delhi
CA Inter
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Shyam Joshi & Associates
Pune
B.Com
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CAclubindia
