Cash in excess of rs.20,000/-
This query is : Resolved
21 September 2014
Dear sir.
can we make the statutory payments in excess of Rs.20,000/-
Regards,
21 September 2014
I think you have to ask whether the statutory payments above Rs 20000/- are allowed in cash?
then, the answer is yes (refer rule 6DD of Income tax rules)
then, the answer is yes (refer rule 6DD of Income tax rules)
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