cash payment to trasporter above rs 35000/- in single day

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 July 2011 the transportation bill is Rs.616000/- on 25-02-2011 and cash payment to above party is on same date for Rs.35000 and Rs35000 and Rs.30000/-,and rest of payment by cheque in march.so above all cash expenses are disallowed u/s 40a3...
plz reply

07 July 2011 Yes payment made exceeding Rs.35000/- will be disallowed
However it can be prevented if somehow u can prove that there were separate G.R.notes for every truck etc.
Other views are invited
Thx

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 July 2011 thanx..sir


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details