Cash payment
This query is : Resolved
30 May 2013
If a Person who pay cash payment above 35,000 to single transporter then this will disallow or not.
Rupesh Jain
(Expert)
30 May 2013
WHOLE AMOUNT INCLUDE IN INCOME
30 May 2013
So can you tell me for which basis/means the amount of Rs. 35000 will be allowed.
Ganeshbabu K
(Expert)
30 May 2013
It is dis allowed as an expence however up to 35,000 is allowed as an expence
Refre sec.40(A)(3)
Provided further that in the case of payment made for plying, hiring or leasing goods carriages, the provisions of sub-sections (3) and (3A) shall have effect as if for the words "twenty thousand rupees", the words "thirty-five thousand rupees" had been substituted.
https://alturl.com/39ces
Refre sec.40(A)(3)
Provided further that in the case of payment made for plying, hiring or leasing goods carriages, the provisions of sub-sections (3) and (3A) shall have effect as if for the words "twenty thousand rupees", the words "thirty-five thousand rupees" had been substituted.
https://alturl.com/39ces
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