40A(3)
This query is : Resolved
07 March 2011
plz confirm me whether salary paid in excess of 20000 attracts section 40A(3)
07 March 2011
Yes, prima facie the said section attracts.
07 March 2011
if single employee paid excess 20000 then Sec.40A(3) applicable.
if salary paid various employee by wages register and voucher passed in single amount then 40A(3) not applicable.
see fact at your end.
if salary paid various employee by wages register and voucher passed in single amount then 40A(3) not applicable.
see fact at your end.
07 March 2011
thnks a lot to both of u sir
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