Can commission to be paid as cash

This query is : Resolved

Pravesh Sharma (Querist)
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19 June 2015 Please help me
My client book of account are audit under section 44 AB. He paid commission to individual person after deducting tds @ 10% on commission Rs.52000.00 . He Had paid commission as cash on different days

Date of Payment Amount TDS Balance Paid
25/10/2014 Rs.15000 Rs.1500 13500.00
05/11/2014 Rs.18000 Rs.1800 16200.00
10/11/2014 Rs.19000 Rs.1900 17100.00

Balance paid has been paid as cash

Please tell me whether commission paid as cash is allowed as expenditure while calculating income from business and profession

Nikhil Kaushik

Nikhil Kaushik (Expert)
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20 June 2015 yes..it will be allowed provided that it is not a case of splitting an invoice into multiple payments to avoid Rs 20000 limit

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