banner_ad

Cash payment more than 20,000

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 April 2012 When firm paying 290000 cash to third party 0n 2/04/2012 due to there will be next two days holiday in most of the bank,is this expenditure is allowed for deduction?
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
11 April 2012 If the payment made day is bank holiday then it will be considered. please refer rule 6DD
Profile Image

CA PRAVEEN SINGH

Profile Image

CA PRAVEEN SINGH (Expert)
12 April 2012 (j) where the payment was required to be made on a day on which the banks were closed either on account of holiday or strike;

AGREE WITH ABOVE EXPERT...
Profile Image

CA PRAVEEN SINGH

Profile Image

CA PRAVEEN SINGH (Expert)
12 April 2012 (j) where the payment was required to be made on a day on which the banks were closed either on account of holiday or strike;

AGREE WITH ABOVE EXPERT...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details