Cash payment
This query is : Resolved
Arvind sharma
(Querist)
03 April 2017
cash payment for exp. is disallow if made above then 10000
But if a trading concern or manufacturing concern then for purchase of stock, is limit of 10000 is applicable ??
But if a trading concern or manufacturing concern then for purchase of stock, is limit of 10000 is applicable ??
CA Gopal Somani
(Expert)
03 April 2017
Yes It is applicable.
Please check below link form more details
https://www.charteredclub.com/section-40a3/
Please check below link form more details
https://www.charteredclub.com/section-40a3/
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