Cash payment exceeding rs. 20000/-
This query is : Resolved
21 March 2014
If an assessee makes payment of one bill (of Rs. 50000/-) in cash on two different dates then whether the same is allowed or disallowed under section 40A(3)?
21 March 2014
if paid then 20,000 or less on each day then no disallowance is applicable.
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