CASH PAYMENT MORE THAN 20000

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Naved (Querist)
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26 June 2010 DEAR SIRS

CAN WE MAKE PAYMENT MORE THAN 35000 RS TO TRANSPORTER, FOR HIS DIFFRENT DATE BILTY, IN A SINGLE DAY.

THANKS.

deepak K Gujrati (Expert)
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26 June 2010 w.e.f 1-10-2009 payment can be made in cash upto Rs 35,000/- only. it cant be made more than this.

CMA Ramesh Krishnan (Expert)
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26 June 2010 In a single day payment even different bills more than Rs.35000 sec.40A(3) will applicable

VNS Sarma, Advocate (Expert)
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26 June 2010 you cannot pay more than 35000/- in a day

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