banner_ad

40A (3)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 September 2010 Purchase Rs.50,0000/- if i made cash payment of Rs.15000/- Rs.15000/- Rs.15000/- and Rs.5000/- for 4 days. this expenses will be allowed
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
22 September 2010 allowable as payment in a single day does not exceed rs. 20k.
Profile Image

CA Prashant Gupta

Profile Image

CA Prashant Gupta (Expert)
22 September 2010 No cash payment exceed 20,000/- in a day so it is allowed.
practical process suggestion: take a A/c statement of both parties so it can be proved that you paid amount in 4 installments and other party also received in 4 days. it will be helpful it case is scrutinized.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details