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Cash payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2013 hi sirs,
my brother is working in buffelo meet trading firm so he is paying cash in LAKHs. it can allowable or not?.

pls give me above Rs.20000/- cash payments exceptions.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
29 October 2013

https://www.simpletaxindia.net/2009/12/payment-exceeding-20000-40a3-exceptions.html
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
29 October 2013 iT IS ALLOWED AS PER RULE 6DD(E) PAYMENT OF PURCHASE OF THE PRODUCE OF ANIMAL HUSBANDARY ( INCLUDING LIVE STOCK, MEAT ETC)

fOR DETAIL READ THE LINK PROVIDED EARLIER
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G.Ramesh

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G.Ramesh (Expert)
29 October 2013 Agreed with the Expert
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